M 573 Quiz 2

subject Type Homework Help
subject Pages 3
subject Words 202
subject Authors Henry R. Cheeseman

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page-pf1
A contract that has been fully performed by both sides is called an executory contract.
A statute of limitations establishes the time period during which a lawsuit must be
brought.
According to the failing company doctrine, two or more smaller companies are allowed
to merge to compete with a larger company even if they are highly profitable as smaller
companies.
Revocation of acceptance is not effective until the seller or lessor is so notified.
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Workers' compensation benefits are usually paid according to preset limits established
by statute or regulation.
Acceptance occurs if the buyer resells the goods delivered by the seller.
The corporation can recover any profits made by unapproved competition by a director.
Investors who purchased unregistered securities can rescind their purchase but not
recover damages.
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The Civil Rights Act of 1866 is unconcerned with national origin employment
discrimination.

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