Any Assignment That Would Materially Alter the Duties of the Promisor

question 24

True/False

Any assignment that would materially alter the duties of the promisor is unenforceable, because the promisor cannot be required to do something significantly more than, or different from, what he or she originally agreed to do.

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Definitions:

Managerial Accounting

A branch of accounting focused on providing financial information within a company to assist in decision-making, planning, and control.

Decision Makers

Individuals or entities that have the authority to make choices or form policies within organizations, significantly impacting its direction and operations.

Days' Sales

A financial metric that estimates the average time it takes for a company to turn its inventory into sales.

Raw Materials Inventory

The total cost of all the materials kept in stock that are intended to be used in the manufacturing process.