The correct answer of which the statement describes is the
specified service business. The specified service business is likely to engage
of having a business that tackles a wide variety of field such having to engage
in science, arts, health, accounting, law, finance and even consulting. This is
where the principle asset of the business is known to be the skill or the
reputation of their employees.
Options:
- Smith Bus should be excused from performance under the clause for the rights on improper delivery
- Smith Bus should not be excused from performance because it did not act in good faith
- Smith Bus should be excused from performance under the test of commercial impracticability
- Smith Bus can exercise its right of anticipatory repudiation
Answer:
Correct answer is Option c.
<u>Smith Bus should be excused from performance under the test of commercial impracticability
</u>
Explanation:
In this case, Smith cannot fulfil the contract obligation due to an unforeseen event. Hence, Commercial impracticability shall apply.
<span>The NPV function calculates the net present value of an investment, given a fixed discount rate.</span>
<span>they meet the needs of custmers while meeting satutory and regulatory requieremnts related to a product or program. ISO 9000 deals with the fundamentals of quality managements systems, including the seven quality managements principles upon which the family of standards is based.</span>
