A(n) ________ breach of a contract occurs when a party renders inferior performance of his or her contractual obligations.
A. material
B. minor
C. anticipatory
D. defensive
Answer: A
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The higher a company's debt ratio, the lower the risk of a company not being able to pay its debts.
Answer the following statement true (T) or false (F)
Which of the following is NOT a source of cash while maintaining a delta neutral hedge?
A) Borrowing B) Purchase or sale of shares C) Interest D) Self financing
Which of the following is not a downside of portfolio models used to assist a firm in balancing its portfolio of businesses?
A. Portfolio models rely on loose rules regarding resource allocation across the SBUs. B. The evaluation process risks becoming mechanical and oversimplified. C. Portfolio models compare SBUs on only two dimensions under the assumption that these are the only factors that matter. D. Portfolio models view each SBU as a stand-alone entity.
A business that selects a differentiation strategy ________
A) adds cost to an activity, provided it has a positive margin B) provides essential functions at lowest costs C) imitates rival companies' strategy and products D) always tries to price its products' higher than its competitors' products