In Which of the Following Organizational Structures Do Employees Report

question 79

Multiple Choice

In which of the following organizational structures do employees report to two managers at the same time?

• A)Virtual organization
• B)Matrix structure
• C)Network structure
• D)None of the above

Describe how contracts can be discharged by mutual agreement and operation of law.

Explain the doctrine of frustration of purpose and its applicability in contract law.

Differentiate between types of breaches and their consequences in contract performance.

Explain the role and consequences of conditions (precedent, concurrent, subsequent) in contracts.

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Definitions:

Revenues

The total amount of money received by a company for goods sold or services provided during a certain time period.

Equity

The residual interest in the assets of an entity after deducting liabilities, often referred to as shareholder's equity or owner's equity.