Building Restoration, Inc

question 18

Multiple Choice

Building Restoration, Inc. (BRI) , enters into a contract to refurbish an old train depot for Casual Dining, Inc., to open as Eat Up Restaurant. If BRI completes most of the work promised in the contract, its performance will be

• A) ​absolute.
• B) ​complete.
• C) ​material.
• D) ​substantial.

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Definitions:

Section 5

This term is too general to define without context; it could refer to Section 5 of many different statutes or laws, each with its own specific provisions.

President

The chief executive officer of a corporation, country, or other organization, typically responsible for the management and leadership of the organization.

Commissioners

Individuals appointed to a commission, which is a governing body or group tasked with making decisions or overseeing a particular area of public concern.

Fair Debt Collection Practices Act

A federal law that limits the behavior and actions of third-party debt collectors attempting to collect debts on behalf of another person or entity.