Which of the Following Situations Is a Court Most Likely

question 33

Multiple Choice

Which of the following situations is a court most likely to find substantial performance?

• A) KM Corporation orders 500 boxes of copy paper from MK supply, but MK can only deliver 450 boxes
• B) Young orders a set of four specially made chrome rims for her car but the supplier can only deliver three
• C) Olivia orders three gallons of paint to paint the exterior of her house based on square footage covered and needed but the paint supplier can only deliver two cans
• D) April orders a fully equipped car from a dealer but although perfect in every way, the car delivered has an automatic transmission rather than the manual transmission that she ordered

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Definitions:

Break-even Point

The stage at which total revenues equal total costs, resulting in neither profit nor loss for the business.

Picture Frame Store

A retail shop specializing in selling frames for artwork, photographs, and other decorative wall hangings.

Break-even

The point at which total costs and total revenues are equal, resulting in no net loss or gain.

Unit Variable Costs

The costs that vary directly with the level of production or output.