Kids' Corner, a toy store, ordered a supply of stuffed toys from Toyland Inc. The toys were supposed to be delivered on the 1st of December but were sent to Kids' Corner on the 5th of December. There has been a(n) _____ of contract.
A. compensatory breach
B. anticipatory breach
C. material breach
D. concurrent breach
<u>Correct Option:</u>
There has been a <u>material breach</u> of contract.
<u>Option: C</u>
<u>Explanation:</u>
A contract law concept that applies to a non-performance under the contract that is sufficiently serious to give the grieved party the right to sue for contravention of the contract, is understood as a material break or infringement.
If a substantive violation has occurred, the aggrieved party is therefore deprived of a contractual duty to further results. Here the Kids' Corner toy store ordered a supply of stuffed toys from Toyland Inc. but received order in delay date, which is considered as material breach due to late delivery of expected material.
Answer:
c. -$435.00
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation:
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
<u>external report</u>
Explanation:
Note that, the manager prepared a report which he later presented to the stockholders of the company; meaning he gave the report to an outside party.
Remember, external reports are usually given to investors to know the financial condition of the company. Thus, the shareholders would need the report in order evaluate the financial condition of Fazer Technologies Inc.
Answer:
data monitoring
Explanation:
Data monitoring refers to the business practice where key business data are constantly monitored against quality assurance rules to ensure that it's always of good quality and complies with previously defined design and accuracy requirements.
Monitoring the data helps a company to constructively maintain high, accurate data quality standard. Through periodically reviewing the data as it is processed inside programs, enterprises may eliminate commodity-intensive information pre-processing before transferring. Software quality is tested with software management at the moment of creation, rather than during a step.
The type of business plan that is primarily used by the owner and other employees to organize the structure, finances, and future growth plans is the lean business plan.
<h3>
</h3><h3>What is a lean business plan?</h3>
Corresponds to a document where the essential characteristics are laid out for a business to be well positioned and competitive in the market. It contains the strategy, tactics and execution so that the objectives and goals are achieved in the medium and long term.
It is essential that organizations develop a lean business plan that is targeted to their needs and aligned with their market demands.
Therefore, the lean business plan assists in the continuous management to achieve quality, structure and effective systematization of processes.
Find out more about lean business plan here:
brainly.com/question/25311149
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