Fact Pattern 14-2

question 13

Multiple Choice

Fact Pattern 14-2
Medical Accounts Collection enters into a contract to employ Natalie as a billing and credit manager for two years. During the first year, Natalie is often absent without explanation and when present fails to adequately do her job.
-Refer to Fact Pattern 14-2. Natalie's performance most likely

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

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Definitions:

Licenses

Permissions granted by an authority to engage in a particular activity or to use certain property.

Tenants In Common

A form of co-ownership where each party owns a separate and undivided interest in the property, and upon death, their interest passes to their heirs or estate.

Operation Of Law

A legal change that occurs automatically due to existing laws, without the need for an action by a court or party.

Joint Tenants

Co-owners of property who have equal rights to the whole property and a right of survivorship, meaning if one owner dies, the remaining owner(s) inherit the deceased's share directly.