Issues That Require an Entity to Manage Its Cash Include

question 28

Multiple Choice

Issues that require an entity to manage its cash include:

• A) the cost of not having enough cash.
• B) the need to have sufficient cash to meet commitments.
• C) the timing of cash flows.
• D) all of these issues require cash management.

Recognize the legal remedies available for breach of contract.

Comprehend the concept of tender of payment and its implications in contract law.

Identify the factors leading to the frustration of a contract and the consequences thereof.

Describe the processes and conditions under which a contract can be amended or discharged.