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kari74 [83]
3 years ago
12

HELP ME :( Which of the following is not a requirement for substantial performance? Select one: a. Performance must be 99.9% of

what was promised and no less. b. The party must have performed in good faith. c. Performance must not vary greatly from what was promised. d. Performance must create substantially the same benefit as was promised.
Business
1 answer:
Neko [114]3 years ago
3 0

Answer:

a. Performance must be 99.9% of what was promised and no less.

Explanation:

If performance was 99.9% of what was promised, then it was basically fully performed. It is like saying I will finish this in 1 hour, but it took me 1 hour and 1 second to finish.

Substantial performance allows a party to receive payment even if they didn't fully complete the specific terms of a contract. In some states, a % is used to measure substantial performance and it ranges from 2-3% of costs remaining to fully complete a contract.

The substantial performance doctrine basically allows a small deficit on either party involved in a contract. It depends a lot on the good faith that the parties had on completing the work.

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Free_Kalibri [48]

Answer:

helping employees execute strategy successfully.

knowing what's going on at all levels of the organization.

making sure results are strategy-oriented.

Explanation:

The actions where the top executives result in the strategy execution process  involves the employees for helping to execute the strategy in a successful manner. Also we are aware what things are going on at all levels i.e. top, middle and bottom. In addition to this, the results that comes should be strategy-orinted

Therefore the above 3 statements should be considered

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3 years ago
Text: "managerial accounting: tools for business decision making " 9th edition, isbn 9781119709589
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Managers use accounting data to help with decision-making, management, and the execution of their control functions. This practice is known as management accounting.

The term "managerial accounting" refers to a system of accounting that produces documentation, reports, and statements that aid management in making better judgments about the operation of their company. Internal uses make up the majority of managerial accounting.

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2 years ago
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2 years ago
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