An Award of ________ Orders the Breaching Party to Perform

question 77

Multiple Choice

An award of ________ orders the breaching party to perform the acts promised in a contract.

• A) reformation
• B) injunction
• C) restitution
• D) specific performance

Understand the concept of a contribution format income statement and its uses in internal planning and decision-making.

Distinguish between variable and fixed costs in the context of contribution and traditional income statements.

Understand the concepts of sunk costs, opportunity costs, differential costs, and how they differ from one another.

Recognize the limitations of traditional income statements for internal decision-making purposes.