Four months ago, a seller entered into a legally binding written contract to sell his property. Later, the seller refused to complete the transaction since he felt the value of the property would increase in the near future. Under the circumstances, the statue of limitations could affect the rights of the buyer to prevail in a civil action due to a breach of the written contract within

A.one year
B. 90 days
C. two years
D. four years

Answer: D. four years

Business

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a. true b. false

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A company that tracks inventory and places an order for a lot size Q when the inventory declines to the reorder point (ROP) is using

A) continuous review. B) daily review. C) occasional review. D) periodic review.

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