If the Performance of a Contract That Was Legal When

question 55

True/False

If the performance of a contract that was legal when formed becomes illegal because of a subsequently enacted law, the duty of performance is discharged.

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Definitions:

Core Competency

Fundamental strengths or unique advantages that an organization possesses, setting it apart from competitors.

Product Design

The process of crafting the appearance and functionality of a product to make it attractive and useful to consumers.

Continuous Improvement

An ongoing effort to improve products, services, or processes by making incremental improvements over time, or sudden improvements all at once.

Cost Savings

Represents the actions that reduce expenses or costs within an organization in order to improve profitability without compromising the quality of products or services.