A Court Has Considered Counsel's Arguments That Neither of His

question 63

Multiple Choice

A court has considered counsel's arguments that neither of his client's signing officers were signatories to a contract and its corporate seal is absent from the document.Which of the following would the judge most likely identify as the common law doctrine counsel is attempting to satisfy?

• A) balance of probabilities
• B) breach of contract
• C) privity of contract
• D) entitlement to remedy

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Definitions:

Additional Costs

Expenses that are not originally planned or budgeted, arising unexpectedly during the production or execution process.

Joint Cost

The cost of the input and process that yields two or more products in fixed proportions as a result. For example, the cost of the barrel of oil and of splitting it into gasoline and motor oil is a joint cost.

Service Departments

Refers to the divisions or units within an organization that provide support services to the production or operational departments rather than directly producing goods or services.