A and B Enter into a Contract Whereby a Agrees

question 4

Multiple Choice

A and B enter into a contract whereby A agrees to supply B with 10 000 tins of tuna at the rate of 1000 tins per month from his tuna factory in Bayport,Nova Scotia,and B agrees to pay A $2 per tin.A supplies 1000 tins of tuna,but before he can collect,his factory is destroyed by fire.If the contract is discharged by frustration,which of the following statements is correct?

• A)A must obtain the tuna from another source to satisfy the contract.
• B)B will have to pay A the sum of $2000 because there was no deposit.
• C)Only future obligations are discharged,and B must pay A the sum of $2000.
• D)All obligations under the contract are discharged,A and B's obligations are both discharged,and B does not have to pay A the sum of $2000.
• E)B will not have to pay A the sum of $2000 because there is no longer a contract.

Recognize the components of the promotion program, focusing on the four Ws.

Compare push and pull strategies in distribution channels.

Explain the importance of product characteristics in selecting promotional tools.

Assess how promotional mix varies at different stages of the purchase decision process.

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Definitions:

Unexcused Absence

A situation where an employee or student does not attend their scheduled work or class and fails to provide a valid excuse.

Disciplinary Action

Measures taken by an organization to address an employee's breach of policy or misconduct.

Performance Appraisal

A systematic evaluation process by which an employee's job performance is assessed, typically on a regular basis.

Follow-Up Service

After-sales services provided to customers, including support, maintenance, and addressing any issues or concerns that arise after the purchase of a product or service.