Fact Pattern 18-B2 (Questions B11-B12 Apply)

question 38

Multiple Choice

Fact Pattern 18-B2 (Questions B11-B12 apply)
Business Computer Solutions Education Service enters into a contract to employ Chandra as an instructor for two years to begin June 1.One month before the term begins,Business Computer is underbid by a competitor and loses a major client,Debt Consolidation Corporation.Business Computer now refuses to hire Chandra.
-Refer to Fact Pattern 18-B2.Business Computer's repudiation of its contract to employ Chandra is most likely

• A)a material breach.
• B)a minor breach.
• C)a condition subsequent.
• D)not a breach.

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Definitions:

Domestic Demand

The total demand for goods and services within a country's borders.

World Price

The international market price of a good or service, affected by global supply and demand.

World Price

The global market price of a good or service, determined by worldwide demand and supply.

Import

Refers to the acquisition of goods or services from a foreign country for domestic use.