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

question 9

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.With respect to Mutual's duties,Neil's performance most likely

• A)discharges Mutual from the contract.
• B)has no effect on Mutual's performance.
• C)increases Mutual's duties under the contract.
• D)suspends Mutual's duty to perform.

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Definitions:

Mammary Glands

Specialized organs in mammals that produce milk to nourish newborn offspring.

Constant Internal Temperature

The maintenance of a steady body temperature independent of the environment.

Mammals

Warm-blooded vertebrates characterized by the presence of hair or fur, secretion of milk by females for the nourishment of the young, and typically the birth of live young.

One-way Air Flow

A respiratory adaptation in some animals, such as birds, allowing air to pass through lungs in a single direction for more efficient gas exchange.