4 - case of a technical error it might be due to reasons...

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The main difference between a technical default and an actual default is that in case of a technical default technical problems lead to inability to deliver a project or service or product or any form of a commitment on time, where as in case of an actual default that efficiency of the service provider or seller is not sufficient to deliver the commitment. In
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Unformatted text preview: case of a technical error it might be due to reasons like power failure, problems with computer systems or other technologies, where as in case of actual default it might be due to several incompetence....
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This note was uploaded on 09/08/2011 for the course ACCOUNTING 101 taught by Professor Bayne during the Fall '10 term at Berkeley.

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