Given the Following Data

question 114

Multiple Choice

Given the following data:
Return on investment (ROI) is:

• A) 30%
• B) 5%
• C) 20%
• D) 12%

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Definitions:

Commercially Impracticable

A condition in contractual agreements indicating that fulfilling the contract has become excessively burdensome or impossible due to unforeseen events.

Perfect Tender Rule

A legal principle requiring the seller to deliver goods in accordance with the terms exactly as specified in the contract, without any deviation.

Commercial Impracticability

A legal doctrine under which a party may be released from a contract when events render performance commercially impracticable.

Revocation of Acceptance

The right to reject goods or services under a contract after initially accepting them, under specific circumstances.