To use the concept of impossibility of performance as an excuse for nonperformance of a contract requires that the performance be objectively impossible

Indicate whether the statement is true or false


True

Business

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The_____________the accounts receivable turnover ratio, the quicker the each dollar of accounts receivable can be collected

Fill in the blank(s) with correct word

Business

Stage Technologies is a London-based company that supplies engineering solutions for the entertainment industry. It has helped the boy-band Westlife make a flying entrance onto stage and provided stage-rigging packages for Princess Cruise's vessels. The company was established in 1994 after a couple of production designers decided that the automation of theater productions could be done more safely and more efficiently by using modular production rather than the old "build-as-needed" formula. The company installs winches, stage lifts, and other equipment commonly used in stage productions. The equipment is designed so it can be operated from a single console without awkward or heavy lifting. Both opera companies and theaters see the benefit of such a system, but many are reluctant to buy

because of perceived costs. John Hastie and Mark Ager, the company's best salespeople, must design sales presentations that address these concerns.Ager and Hastie are presenting a proposal to a theater group. People in attendance include various accountants, actors, and producers. The sales presentation should include all of the following EXCEPT a(n): A. list of theaters the company has equipped. B. history of the company and its mission. C. statement regarding the firm's guarantees. D. list of the firm's safety credentials. E. price list for basic systems.

Business

O'Malley negotiates an order instrument to Phil by A) anassignment of O'Malley's rights under a contract

B) adelivery to Phil with any necessary indorsement. C) making an unconditional promise to pay. D) presenting it in response to a demand by Phil.

Business

Blayne is an employee of Chemical Refinery, Inc Blayne is threatened with a discharge when he refuses a transfer to a Chemical Refinery department in which several employees suffered serious injuries from exposure to hazardous chemicals. Blayne may be entitled to protection from discharge under? A) no law

B) the Family and Medical Leave Act.? C) the Occupational Safety and Health Act. D) the state workers' compensation act.

Business