business law

Question 15 (2 points) The nature of the legislation governing incorporation in each jurisdiction determines whether a corporation has its capacity to contract limited or not. True False Question 16 (2 points) When an anticipatory breach has taken place (where a person, before performance is due, states that he will not perform the contract) the victim may not be able to recover damages that occur after the anticipatory breach. the victim must wait to see if the contract is performed, but damages are calculated from the time of the refusal, such a statement made before performance is due has no effect on the contractual obligations of the parties. the victim can get someone else to do the job but then cannot sue the original party to the contract if it costs more. the victim may sue immediately and not wait to see if the contract is performed or not