Fact Pattern 16-1 (Questions 18-19 Apply)

question 37

Multiple Choice

Fact Pattern 16-1 (Questions 18-19 apply)
Internet Cafes, Inc., contracts to buy all of its requirements for coffee, at a minimum of 1 million pounds per year, from Java Corporation for six years. After three years, Internet tells Java that it plans to sell its company to Kwik Eateries, Inc. Kwik refuses to assure Java that it will continue Internet's contract.
-Refer to Fact Pattern 16-1.Kwik's refusal constitutes

• A) a justified response based on Kwik's relation to the contract.
• B) an assignment of Internet's rights under the contract.
• C) a reasonable suspension of performance under the contract.
• D) a repudiation of the contract.

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Definitions:

Expectancy Motivation Theory

A psychological theory suggesting that an individual's motivation to pursue a certain action is influenced by their expectation of the outcome and the value they place on that outcome.

Mentors

Experienced individuals who provide guidance, advice, and support to less experienced persons, fostering their development and growth.

Formally Assigning

The process of officially allocating responsibilities, tasks, or resources to individuals or teams.

Effective Approach

A method or technique that has been proven to lead to the desired outcome or success in achieving specific goals.