What States, "No Delegation of Performance Relieves the Party Delegating

question 32

Multiple Choice

What states, "No delegation of performance relieves the party delegating of any duty to perform or any liability for breach"?

• A) The Uniform Commercial Code (UCC)
• B) The law of each state
• C) A federal statute
• D) Common law

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Definitions:

Facility

A physical or virtual space or infrastructure used for a specific purpose, often related to manufacturing or services.

CCA Class

A classification in Canadian tax law, standing for Capital Cost Allowance, that determines the depreciation rate for various types of property for tax purposes.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be consumed or converted into cash in the short term.

CCA Pool

A grouping method for depreciating assets in a way that combines similar assets for the purposes of calculating capital cost allowance for tax purposes.