Which of the following statements is true about "time is of the essence" clauses in contracts?
a. These clauses are unenforceable because they violate public policy.
b. These clauses are examples of express conditions precedent.
c. These clauses are examples of constructive conditions subsequent.
d. These clauses are substitutes for tender of performance.
Ans: b. These clauses are examples of express conditions precedent.
Business
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When ordinary repairs are made to the broken equipment in a building, such repairs are appropriately classified as:
A: Preventative maintenance; B: Corrective maintenance; C: Deferred maintenance; D: Cosmetic maintenance.
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Learning addresses the process whereas development focuses on the content of the change
a. true b. false
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