In a contract between two parties, what is the effect of a failure of a...
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Accounting
In a contract between two parties, what is the effect of a failure of a condition?
(a) Performance by the other party may be satisfied by means other than as described in the operative document.
(b) Performance by the other party to the agreement is excused.
(c) Performance by the other party to the agreement is required.
(d) Performance by the other party will be judged according to a fiduciary standard.
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