How does full performance differ from substantial performance?
Full performance is when both parties do all that they agreed to do under the terms of the contract. Substantial performance is slightly less than full performance. A person has in good faith fulfilled all the major requirements of the contract leaving only minor details incomplete.
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Functional variables are the only variables included in the set of non-negativity constraints of a goal programming model
a. True b. False
If a buyer does not receive goods by the contract deadline, remedies available include all of the following EXCEPT A)incidental and consequential damages
B)cover. C)damages for non-delivery. D)cure.
The competitive parity method takes advantage of the collective wisdom of the industry.
Answer the following statement true (T) or false (F)
The price of an option is always somewhat greater than its intrinsic value, since there is always some chance that the intrinsic value will rise between the present and the expiration date
Indicate whether the statement is true or false.