A(n) ________ is an action a party to a sales or lease contract is required by law to carry out

A) obligation
B) breach
C) capture
D) revocation


A

Business

You might also like to view...

The members of the Financial Accounting Standards Board (FASB) can be reappointed to serve two additional terms after the completion of their first term.

Answer the following statement true (T) or false (F)

Business

Dealer brands are brands created by producers.

Answer the following statement true (T) or false (F)

Business

When preparing the operating activities section of the statement of cash flows using the indirect method, decreases in current operating assets are added to net income.

Answer the following statement true (T) or false (F)

Business

In a socialist country, the legal system: A) reflects the private ownership of property

B) is similar to the English common law system. C) exhibits no need for commercial law because such disputes are settled politically. D) none of the above.

Business