If,before the Time for Contract Performance,one Party Clearly Communicates to the Other

question 15

True/False

If,before the time for contract performance,one party clearly communicates to the other the intention not to perform,the other party must wait to see if the repudiating party will decide to honor the contract despite the avowed intention to renege.

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Definitions:

Underutilization

A condition that exists when a department or employer has a lesser proportion of members of a protected class than are found in the employer’s labour market.

Extrapolation

Extending past rates of change into the future.

Relevant Legislation

Laws and legal provisions that are pertinent to a particular situation, activity, or context, affecting how entities should operate or comply.

Economic Trends

Patterns or movements in the economy that indicate the general direction of economic growth, decline, or stability over a period.