A contract can be discharged by impossibility in all the following scenarios except:?
A) destruction of subject matter in a sales contract
B) performance under the contract becomes 25% more expensive due to currency fluctuations in construction contract.
C) when the law changes.
D) death of obligee in a personal services contract.
B
You might also like to view...
The members of the __________ are appointed by the Financial Accounting Foundation
a. American Accounting Association. b. Financial Accounting Standards Board c. Securities and Exchange Commission. d. American Institute of Certified Public Accountants.
Which of the following statements about intercultural ethics is most accurate?
A) Very few companies that are active in global markets have codes of ethics. B) The United States is the least corruptible country worldwide. C) Many companies require their employees to take ethics training programs. D) Because we now live in a global economy, ethics is not an issue when doing business globally.
It is critical to back-up or copy critical files of a law firm in case the original files are lost or damaged
Indicate whether the statement is true or false
At the start of June, the Polishing Department of John's Counters, Inc had 15,000 units in beginning inventory that were 100% complete with respect to direct materials and conversion costs
During the month, it received 25,000 units from the Machining Department. It started and completed 17,000 units and transferred 32,000 units to the Packaging Department. It had 8,000 units in ending Work-in-Process Inventory. Direct materials are added at the beginning of the process. Units in beginning Work-in-Process Inventory were 50% complete in respect to conversion costs. Units in ending Work-in-Process Inventory were 40% complete with respect to conversion costs. Prepare the production cost report for the Polishing Department for the equivalent units of production for the month of June. Use the FIFO method. What will be an ideal response