Fact Pattern 13-1 (Questions 23-24 Apply)

question 53

Multiple Choice

Fact Pattern 13-1 (Questions 23-24 apply)
Mutual Company enters into a contract to employ Neil as an investment manager for two years. During the first year, Neil is often absent without explanation and when present fails to adequately monitor and manage Mutual's investments.
-Refer to Fact Pattern 13-1.Neil's performance is most likely

• A) a material breach.
• B) a minor breach.
• C) Mutual's breach.
• D) no breach.

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Definitions:

Transcription

The act of transcribing a portion of DNA into RNA.

Translation

The process in molecular biology where ribosomes synthesize proteins using mRNA as a template.

Translation

In biology, translation is the process by which the genetic code carried by mRNA is decoded to produce the specific sequence of amino acids in a polypeptide chain.

RNA Polymerases

Enzymes responsible for synthesizing RNA from a DNA template, fundamental in the process of transcription.