Goto Supplies Ltd

question 59

Multiple Choice

Goto Supplies Ltd.has determined that,because of increased production costs,it will actually lose money if it fulfills its contract to supply parts to Nova Manufacturing Inc.and is considering breaching the contract.What term used to describe the type of contract breach Goto is contemplating?

• A) economic repudiation
• B) reputation management
• C) economic breach
• D) specific performance

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Definitions:

Erik Erikson

A psychologist known for his theories on psychosocial development across the lifespan, encompassing eight distinct stages.

Compliance

The act of conforming to, following, or adhering to rules, requests, or commands.

Sense of Self

An individual's perception and assessment of their own personality, characteristics, strengths, and weaknesses.

Infancy

A developmental period in human life, typically considered the first year or two, characterized by rapid physical and cognitive growth.