Fran's Flowers Is Required,as a Condition of Their Contract,to Supply

question 78

True/False

Fran's Flowers is required,as a condition of their contract,to supply the Ubiquitous Chip,a trendy restaurant,with 45 flower arrangements for tables and three large displays,twice a week.This week,it was two table arrangements short one day and three short on the other.
-The Ubiquitous Chip can argue that Fran's Flowers has breached a condition of the contract and treat the contract as being at an end,which means the Ubiquitous Chip would not have to pay for the flowers delivered.

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Definitions:

Chain Restaurants

Restaurants that are part of a brand or franchise, featuring standardized menu items and decor, and operated by a single company or franchisees across multiple locations.

Labor Dependent

Industries or activities heavily reliant on human labor as a primary input or resource for production.

Monopolistic Competitor

A firm in a market structure where many companies sell products that are similar but not identical, leading to non-price competition.

Revenue-And-Costs

The financial inflows associated with business operations and the expenditures required to generate revenue.