Jekyll Agrees to Sell Hyde a Certain Super-Strength Hair Remover

question 17

Multiple Choice

Jekyll agrees to sell Hyde a certain super-strength hair remover capsule.While it is still in Jekyll's laboratory,the only capsule is swallowed by a night-time guard dog.What will happen in this case?

• A)The contract is discharged because of a waiver by both parties.
• B)The contract is discharged because a provision of the Sale of Goods Act applies.
• C)The contract is discharged by the Frustrated Contracts Act.
• D)The contract is void because of mistake in assumption.
• E)Jekyll is relieved of his liability on grounds of hardship in performance.

---

Definitions:

Perceivable Future

A concept referring to events or conditions that can reasonably be foreseen or predicted.

Quarterly Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits, every three months.

Par Value

The face value of a bond or stock as stated by the issuer, which bears significance for accounting and financial regulation.

Annual Return

The percentage change in an investment's value over a year, considering both capital gains and dividends.