A Project Has the Activity Duration and Cost Information Indicated

question 86

Multiple Choice

A project has the activity duration and cost information indicated in the table where all times are in weeks. For every week longer than 30 weeks, there is a penalty of $300. What is the highest total cost for completing this project?

• A) $14,250
• B) $13,950
• C) $13,550
• D) $13,150

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Definitions:

Unforeseeable Events

Circumstances or incidents that could not have been predicted or expected and therefore may relieve parties from liability in contracts under the doctrine of force majeure.

Contract Obligations

Responsibilities and duties that parties are legally bound to perform as per the terms of a contract.

Commercial Impracticability

A doctrine in contract law that excuses a party from fulfilling their contractual obligations due to unforeseen, extreme hardships.

Revoking Acceptance

The act of legally rejecting a product or service after initially accepting it, based on certain conditions being met.