Dog Collars Ltd. was contractually obliged to pay $5000 to Puppy Co. on July 15 but failed to do so. It is now July 20. Assuming that general contractual rules apply, which of the following statements is TRUE? Select one: Q a. Puppy Co. cannot discharge the contract unless it notified Dog Collars Ltd. that the time of payment is a contractual condition and time is of the essence. cross 0'\" O b. Puppy Co. is entitled to discharge the contract for breach. cross 0'\" O c. Puppy Co. has breached a condition subsequent by failing to pay even after the scheduled date for payment has passed. cross out Q d. As a result of Puppy Co.'s behaviour, the terms of the contract have been varied. cross 0'\" 0 e. Puppy Co. has committed a serious breach of contract because time is of the essence. CfOSS out Which of the following statements regarding PayPal is TRUE? Select one: 0 a. In order to use PayPal, both parties must have a PayPal account. cross 0'\" O b. PayPal is easy to use, but it is dangerous because it requires you to disclose personal banking details to a vendor each time you purchase online. cross 0|\" O c. As its developers intended, the PayPal system operates on exactly the same principles and rules as traditional cheques. That explains why it is so popular with consumers. cross 0'" 0 d. In order to use PayPal with a particular online vendor, you must first provide that vendor with a void cheque from your bank. cross out 0 e. PayPal operates like a credit card, except that the Government of Canada guarantees that you will be repaid if the online vendor fails to deliver as promised. \"055 0'&quot