Which of the following is true of the remedy of avoidance used by an injured party of a contract?
A. It can be used without notification to the injuring party.
B. It revokes all the provisions governing the rights and duties of the parties.
C. It cancels out any provisions in the contract concerning the settlement of disputes, once used.
D. It can be used in case a fundamental breach of the contract has been observed.
D
Business
You might also like to view...
A company has a collection period of 37.5 days, an inventory period of 93.4 days, and a payables turnover of 48.12. Calculate the cash conversion cycle
A) 82.78 B) 130.9 C) 123.31 D) 85.62 E) 120.31
Business
Application software is the programs or ________ that help in the development, monitoring, and integration of ERP software
A) legacy systems B) utility software C) databases D) system software
Business