With Respect to Contractual Relations, What Is the Name of the Type

question 57

Multiple Choice

With respect to contractual relations, what is the name of the type of breach that affects the foundation of the contract?

• A) conditional breach
• B) substantive breach
• C) fundamental breach
• D) innominate breach

Identify and analyze the components of a sentence's structure.

Recognize and utilize the concepts of subjects and verbs in sentence construction.

Enhance grammatical accuracy in identifying subjects and verbs in complex sentences.

Develop an understanding of verb tenses and their correct usage in sentences.

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Definitions:

Account Number

A unique sequence of numbers assigned to a customer's account in a bank or financial institution, facilitating the management and identification of accounts.

Ledger

A comprehensive collection of a company's financial accounts, used for recording all financial transactions.

Debits

Entries on the left side of an account ledger, indicating an increase in assets or decrease in liabilities and equity.

Credits

Entries in accounting that increase liabilities, revenue, or equity accounts, or decrease asset or expense accounts, reflecting a gain in financial statements.