Which of the Following Is Considered a Failure to Perform

question 44

Multiple Choice

Which of the following is considered a failure to perform a contractual duty that has not been excused?

• A)breach of contract.
• B)malpractice.
• C)fraud.
• D)third-party defense.

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Definitions:

Absolute Advantage

The ability of an individual, firm, or country to produce more of a good or service than competitors using the same amount of resources.

Shoemaking

is the craft or industry involved in the design, production, and repair of shoes, including both traditional techniques and modern manufacturing.

Opportunity Cost

Opportunity cost represents the value of the best alternative that is foregone when making a choice, highlighting the trade-offs involved in any decision.

Loads of Laundry

Quantity of laundry being washed and dried in a single operation or cycle.