Yolef and Stacia Enter into a Contract for Stacia to Cook

question 17

Multiple Choice

Yolef and Stacia enter into a contract for Stacia to cook a meal for Yolef and Yolef to pay Stacia $50.Yolef shows up at Stacia's house with $100.Yolef's actions are an example of:

• A)Implied performance
• B)Tender.
• C)Incomplete performance.
• D)Performance.
• E)Complete performance.

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Definitions:

Assumptions

Conditions or principles that are taken as true or as certain to happen, without proof, for the purpose of argument or investigation.

Factor Of Production

A resource used in the production process to generate goods and services, such as labor, land, and capital.

Output

The aggregate output of goods or services from a firm, industry, or the economy as a whole.

Academic Probation

A warning status given to students whose academic performance falls below an institution's requirement.