A nonbreaching party cannot rescind the contract in the event of a material breach

Indicate whether the statement is true or false

FALSE

Business

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Samson, Inc reported the following information for the year

Service Revenue $60,000 Operating Expenses 21,000 Net Income 39,000 Number of Services Provided for the Year 10,500 How much was the unit cost per service? (Round your answer to the nearest cent.) A) $5.71 B) $3.71 C) $2.00 D) $7.71

Business

Rapid inflation, cyclical unemployment, war, hurricanes, and floods are all examples of

A) diversifiable risks. B) physical hazards. C) nondiversifiable risks. D) speculative risks.

Business