Between Year 1 and Year 2,what Happened to the Times

question 80

Multiple Choice

Between Year 1 and Year 2,what happened to the times interest earned?

• A) It increased.
• B) It decreased.
• C) It remained the same.
• D) The effect cannot be determined from the data provideD.
• yr.1 = (1,200 - 720 - 400)/30 = 2.67 Yr.2 = (1,500 - 900 - 450)/75 = 2.00

Assess the consequences of material and minor breaches in contractual agreements.

Identify the legal requirements and outcomes of substituted contracts, novations, and accord and satisfaction.

Examine the concepts of substantial performance, tender, and specific performance.

Evaluate the application of the doctrine of commercial impracticability and frustration of purpose.

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