When performance is impeded due to the occurrence of an event whose nonoccurrence was a basic assumption of the contract, the contract may be discharged on the grounds of:?
A) commercial impracticability
B) commercial impossibility.
C) economic frustration.
D) economic stability.
A
Business
You might also like to view...
Which of the following options does not attempt to repay and discharge debt?
A. Chapter 7 bankruptcy B. Chapter 11 bankruptcy C. out of existence D. workout
Business
________ provide the context in which the legal issue is to be resolved
A) Conclusions B) Assumptions C) Facts D) Deductions
Business
A state court can exercise jurisdiction over an out-of-state defendant who does business in the state over the Internet
a. True b. False Indicate whether the statement is true or false
Business
Which of the following credits is considered a refundable credit?
A. lifetime learning credit B. adoption expense credit C. credit for elderly and disabled D. earned income credit
Business