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evablogger [386]
3 years ago
15

Johanna agrees to purchase Jessie’s land so that she can build a golf course. They write a contract, and Johanna transfers the d

eed to Jessie. Jessie pays Johanna the entire purchase price. Johanna and Jessie have discharged their contract by __________.a. breach.
b. performance.
c. concurrence.
d. lapse of time.
Business
1 answer:
Andrews [41]3 years ago
8 0

Answer:

b. performance.

Explanation:

Discharge of contract by performance is when the both the parties agreeing to a contract performs their respective promises.

Discharge of contract by performance is a normal and natural mode of completing a contract.

Once the performance i.e the agreeing statements are proper and complete by the both the parties, they are free from the further liabilities.

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However their can be times where the employee has the upper hand. If an employee is highly skilled and experienced and worked in the organization for a long time, they might have an upper hand. Also, when there are strict labor rules, this could give upper hand to the employees as well.

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3 years ago
On September 1, 2020, Windsor Company sold at 104 (plus accrued interest) 3,840 of its 8%, 10-year, $1,000 face value, nonconver
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Answer:

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the journal entry for recording the bond issuance:

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2 years ago
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