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Refer to the Passage Below to Answer the Following Questions

question 85

Multiple Choice

Refer to the passage below to answer the following questions.
Just For Me is a line of hair care products for pre-teenage girls, that is, girls between the ages of eight and twelve. This is the age in which young girls start to care about their looks and want to make their own decisions regarding their grooming. The manufacturer of this brand decided to use television advertising to inform and persuade girls about this line of products.
-The commercial the agency developed went through extensive testing because the advertiser and its agency know that the target teenage girls are very fickle about which commercials they attend to. In this scenario, the agency and the advertiser are concerned about ________.

Differentiate between major and minor breaches of contract.
Recognize conditions under which specific performance or substantial performance applies in contract law.
Comprehend the principles guiding remedies for breach of contract, such as damages and injunctions.
Identify anticipatory breach and its implications in contracts.

Definitions:

Accounts Payable

Liabilities of a business representing money owed to creditors for purchases of goods and services made on credit, expected to be paid off within a year.

Cash Sales Policy

A company's practice of selling products or services for cash, rather than extending credit to customers.

Rate of Default

The probability that a borrower will be unable to make required payments on their debt obligation.

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