Only a Few States Recognize the Doctrine of Commercial Impracticability

question 27

True/False

Only a few states recognize the doctrine of commercial impracticability as an excuse for nonperformance of contracts.

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Definitions:

Divorce Rates

The statistical measure that shows the number of divorces occurring among the population during a given time period.

Marrying Younger

The practice or trend of entering into marriage at an earlier age than what is traditionally considered usual or appropriate.

Financial Prospects

Future financial opportunities or potential for earnings, investments, and economic growth for an individual or entity.

Youthfulness

The characteristics, qualities, or appearance traditionally associated with young people.