Fact Pattern 17-A1 (Questions A9-A10 Apply)

question 10

Multiple Choice

Fact Pattern 17-A1 (Questions A9-A10 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 17-A1.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:

Cognitive Strategies

Techniques or methods employed to facilitate learning and improve performance by enhancing the mental processes involved in learning, such as understanding, memory, and problem-solving.

Generalized Transfer

The application of skills, knowledge, or competencies acquired in one context to different, but related, contexts or situations.

Learning

The acquisition of knowledge or skills through study, experience, or being taught.

Social Cognitive Theory

A framework for understanding, predicting, and changing human behavior, emphasizing the role of observational learning, self-efficacy, and the social environment.