OrganicFoods Inc

question 24

Multiple Choice

OrganicFoods Inc.entered into a contractual supply arrangement with EcoGrow Inc.EcoGrow contractually promised to supply two tons of organic carrots by May 1,providing carrots were available.If EcoGrow does not supply the carrots as agreed,how do you think a court would view EcoGrow's obligation to OrganicFoods to do so?

• A) Business efficacy makes the obligation conditional.
• B) Business efficacy makes the obligation provisional.
• C) Business efficacy makes the obligation express.
• D) Business efficacy makes the obligation absolute.

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Definitions:

Required Rate Of Return

The minimum return an investor expects to achieve by investing in a specific asset, considering the risk associated with the investment.

Dividends Per Share

The amount of dividends paid out to shareholders per share of a company's stock.

Growth In Dividends

The pace at which dividend distributions to shareholders by a company grow over a period.

Required Rate Of Return

This is the minimum return that investors expect or demand for an investment to be considered worthwhile.