What Is "Course of Performance

question 12

Multiple Choice

What is "course of performance?"

• A)The previous conduct of the parties regarding the contract in question.
• B)The conduct of the parties in prior transactions and contracts.
• C)Any practice or method of dealing that is regularly observed or adhered to in a place,a vocation,a trade,or an industry.
• D)An exception to the Statute of Frauds.

---

Definitions:

Economic Value

The worth of a good or service determined by the market, based on its ability to generate income or its utility to consumers.

Sustainable Competitive Advantage

A unique advantage that a company is able to sustain over time, protecting it from competition and allowing it to maintain higher margins or market share.

High-quality Employees

Workers who display excellence in their performance, reliability, and contribution to the organization.

Critical Functions

Activities considered essential for an organization's survival and continued operation.