Author Question: The consideration in a sales contract is known as the price. Indicate whether the statement is true ... (Read 145 times)

TVarnum

  • Hero Member
  • *****
  • Posts: 548
The consideration in a sales contract is known as the price.
  Indicate whether the statement is true or false

Question 2

A firm request for additional payment under an existing contract without refusal to perform until the additional payment is made is considered a repudiation of a contract.
  Indicate whether the statement is true or false



phuda

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

TRUE

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

For a complete list of videos, visit our video library