Botelho Corporation Keeps Careful Track of the Time Required to Fill

question 68

Multiple Choice

Botelho Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: The delivery cycle time was:

• A)33.1 hours
• B)3.7 hours
• C)12.6 hours
• D)30.9 hours

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Definitions:

Void

A term referring to a contract or legal agreement that is invalid or without legal effect from its inception.

Disaffirmance

In contract law, the right of a party to renounce a contract to avoid legal obligations, typically used in cases involving minors or instances of fraud.

Majority

The age at which a person is considered an adult and has the legal rights and responsibilities of an adult, or a more than half portion of a group.

False Representation

An untrue statement of fact made by one party to another, which induces the latter to enter into a contract.