Lionel Richmond is a soccer player who has a six-year contract with the Christshire United soccer team. Two years into the contract, he meets with an accident which results in the complete amputation of his right leg
On what basis is Richmond discharged from further performance of the contract?
A) novation
B) substituted contract
C) accord and satisfaction
D) discharge by impossibility
D
Business
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Which of the following is true about the relationship between direct and indirect losses?
A) The impact of indirect losses can be much bigger than the original direct loss. B) They are unrelated events. C) Direct losses are the result of an indirect loss due to business interruption. D) Indirect losses are irrelevant compared to direct losses.
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What do we understand by seasonality?
What will be an ideal response?
Business