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The table below provides hypothetical unemployment,employment,and labour force data for an economy over a 3-month period.
TABLE 30-2
-Refer to Table 30-2.What is the unemployment rate on March 1?
Breach Of Contract
The violation of any agreed-upon terms or conditions in a contract without lawful excuse.
Breach Of Contract
The failure to perform as specified in a contract without a legitimate legal excuse.
Commercial Impracticability
A principle where performance under a contract is deemed unduly burdensome due to unforeseen events, relieving the obligated party.
Nonperformance
Failure to fulfill a contractual duty or obligation.
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