If the costs of performing a contract have unforeseeable risen so unexpectedly and dramatically that performance would result in a substantial loss, the contract may be discharged on the grounds of:
a. common-law rule.
b. frustration of purpose.
c. commercial impracticability.
d. economic stability.
c
Business
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The evaluation of a leader's effectiveness depends in part on who the evaluator is and what the evaluator wants.
a. True b. False
Business
A company has net income of $200,000. Its portfolio of available-for-sale securities has a cost of $50,000 and a market value at the end of its accounting period of $54,000. How much is the company's comprehensive income?
A. $254,000 B. $250,000 C. $204,000 D. $246,000
Business