Fact Pattern 14-1

question 57

Multiple Choice

Fact Pattern 14-1
Moses sells an apartment building to Noelle with a promise to install a new heating and air conditioning system , before September 1. The following February 1, Moses sends Ollie, an HVAC technician, to begin the installation. Noelle orders Ollie to leave and refuses to make further payments to Moses, who files a suit against Noelle.
-Refer to Fact Pattern 14-1. Moses's late attempt to install the ventilation system is most likely

• A) a material breach.
• B) complete performance.
• C) excused by Noelle's refusal to make further payments.
• D) substantial, but not complete, performance.

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Definitions:

Statistical Experiments

Designed investigations that manipulate variables to observe effects and establish cause-and-effect relationships in data.

Outcome

The result or consequence of an experiment, action, or occurrence.

Prior Probabilities

Initial estimates of the probabilities of events.

Probabilities

The assessment of the probability that a particular event will take place.