Which of the Following Would Not Be Considered as an Internal

question 33

Multiple Choice

Which of the following would not be considered as an internal centralized service department?

• A) Payroll accounting department
• B) Manufacturing department
• C) Information systems department
• D) Purchasing department

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Definitions:

Condition Subsequent

A condition in a contract that, if it occurs, terminates the contract or an obligation under the contract.

Discharge By Agreement

Agreement by the parties that a contract is ended.

Discharge By Frustration

The termination of a contract due to unexpected events which render the performance of the contract impossible or radically different.

Condition Subsequent

A condition in a contract that, when fulfilled, can terminate the contract’s obligations or bring it to an end.