Statements is true of breach of contract

Assignment Help Operation Management
Reference no: EM132233714

1. With regard to the fraud element of intent, which of the following is NOT true?

a. An insufficient knowledge of the truth may satisfy the scienter requirement.

b. This requirement is satisfied if the person making the representation makes a mistake, so the best practice is not to make any representations at all.

c. The person making the misrepresentation must have known of its falsity.

d. This requirement is known as "scienter."

2. Which of the following statements is true of a breach of contract?

a. Inferior performance constitutes a minor breach of contract.

b. Strict performance by a party discharges that party's duties under the contract.

c. Substantial performance constitutes a material breach.

d. The most common remedy for a breach of contract is an award of equitable remedies.

3. The doctrine of ________ allows the court to order an oral contract for the sale of land or transfer of another interest in real property to be specifically performed if it has been partially performed and performance is necessary to avoid injustice.

a. equitable performance

b. undue performance

c. promissory estoppel

d. part performance

4. The performance of an accord is called:

a. novation

b. satisfaction

c. rescission

d. performance

Reference no: EM132233714

Questions Cloud

Furnishing dollars with online initiatives : With the early adoption and use of websites, there were certain items that businesspeople and consumers believed were “off limits” for online purchasing.
True of material breach : Which of the following is NOT true of a material breach?
Uniform commercial code state : Which of the following does Section 2A-201(1) of the Uniform Commercial Code state?
Discuss the proceed model and its significance in hrm : Discuss the grapevine and managerial attitudes towards the grapevine. Discuss the PROCEED model and its significance in HRM.
Statements is true of breach of contract : With regard to the fraud element of intent, which of the following is NOT true? Which of the following statements is true of a breach of contract?
Case of yarde metals v. new england patriots : What contract rule was in issue in the case of Yarde Metals v. New England Patriots?
Organizations must be able to adjust their products feature : Organizations must be able to adjust their products’ features in response to changes in customers’ needs.
Discuss the power structure of the global economy : Discuss the power structure of the global economy. Refer specifically to the trade, finance, production, transport and technology power structures.
Powerful advertising opportunities for businesses : A strong internet presence can lead to powerful advertising opportunities for businesses.

Reviews

Write a Review

 

Operation Management Questions & Answers

  Common information effect and hidden profiles

What practices are not effective when trying to avoid the common information effect and hidden profiles? What practices are effective?

  The person a small container of hair conditioner

Where someone gives the person a small container of “hair conditioner” made from herbs used by the native Aboriginals.

  Customer relationship marketing is generally considered

Customer Relationship Marketing is generally considered to have its foundations in three B2B marketing functions. Explain what the functions are and what each contributes to a CRM program?

  Blue cross and blue shield

Kevin Sparks has been trying to get his staff to change the way it monitors and supports the data center for the past year,

  Tom bray was mulling over today work schedule

Tom Bray was mulling over today's work schedule as he looked across the bay at the storm that was rolling in.

  What are the major feasible alternative strategies available

What are the major feasible alternative strategies available to the company. What are the pros and cons of each. Can scenarios be developed and agreed upon

  The growing market of healthier beverages

How has Coke maintained market share and will it continue to do so in the growing market of healthier beverages?

  Why is strategic planning important to the organization

Why is strategic planning important to the organization? How does strategic planning help the organization?

  Plastic liner for concrete highway projects

The specifications for a plastic liner for concrete highway projects calls for a thickness of 3.0 mm 0.2 mm. The standard deviation of the process is estimated to be 0.02 mm. The process is known to operate at a mean thickness of 3.0 mm.  Is the proc..

  Considering to improve work assignments and daily scheduling

Ralph Murdock found himself in a small group of co-workers at Essin Ltd being asked about working conditions at the plant and ways the company was considering to improve work assignments and daily scheduling. This could be considered a form of:

  How many units of each grade of lumber should be produced

Liva's Lumber, Inc., manufactures three types of plywood. How many units of each grade of lumber should be produced?

  Corporate mission statements more than just public relations

In what ways are corporate mission statements more than just 'public relations"? Do you think six sigma quality control initiatives really work?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd