Losing a right because of failure to assert it in a timely manner is known as
A. rescission.
B. laches.
C. estoppel.
D. specific performance.
Answer: B. laches.
You might also like to view...
The European Commission recently accused Google of abusing its Web-search dominance, harming both competitors and consumers in European Union markets
The Commission also began investigating antitrust issues related to Google's Android mobile operating system. This is an example of ________. A) planned obsolescence B) excessive materialism C) predatory competition D) acquisition E) redlining
The production for a new product follows:
Month Units 1 4 2 5 3 6 4 7 The first unit will take 2,000 hours to produce and the learning rate is 90 percent. Currently, the company employs 40 workers, who each work 200 hours regular time per month. In which months will overtime be needed for the production schedule shown? Refer to the copy of Table I.1 appended to this exam. A) month 4 only B) months 3 and 4 only C) months 1 and 2 only D) month 1 only