The Grand Performance Hall is in the process of remodeling and is scheduled to open for business after being closed for 50 years. As part of the remodeling, it is installing a new sound system. The sound system is to be installed by Sound Systems, Inc on or before April 10 . Opening night of the hall is May 1 . The contract states that "time is of the essence" because of the opening-night
deadline. Sound Systems has some financial difficulties and doesn't deliver the system until April 20 . Grand Hall refuses to accept it, and Sound Systems sues. What will be the result?
a. Grand Hall wins; the contract date was strictly enforceable.
b. Sound Systems wins; the contract was substantially performed.
c. Grand Hall wins; there was commercial frustration.
d. Sound Systems wins; there was a true impossibility.
a
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Explain any three contract provisions related to union security.
What will be an ideal response?
Claymore Corp. has the following information about its standards and production activity for September. The controllable variance is: Actual total factory overhead incurred$28,175 Standard factory overhead: Variable overhead$3.10 per unit producedFixed overhead ($12,000/6,000 estimated units to be produced)$2 per unitActual units produced 4,800 units
A. $1,295U. B. $2,400F. C. $1,295F. D. $2,400U. E. $3,695U.
The application of scientific management principles to the mass manufacturing of automobiles was known as _______________________________.
Fill in the blank(s) with the appropriate word(s).
Process (as a criterion for understanding life) refers to ______.
A. cognition (mental activity) B. information processing C. organizations perceiving, sorting through, and selecting from the external environment for internal use D. all of these