If One Party to a Contract Has Reasonable Grounds to Believe

question 135

Multiple Choice

If one party to a contract has reasonable grounds to believe that the other party either will not or cannot perform his or her contractual obligations,a(n) ________ may be demanded.

• A) adequate assurance of performance
• B) absolute assurance of performance
• C) insurance bond
• D) rescission
• E) summary judgment

---

Definitions:

Quasi-Market Prices

Prices that are influenced by regulatory or policy interventions rather than purely by market supply and demand dynamics.

Transportation Infrastructure

The foundational physical facilities and systems facilitating the movement of goods and people, including roads, bridges, airports, and railways.

Peak Locations

Strategic sites selected for businesses or services based on the highest demand or activity level to optimize reach and efficiency.

Inventory Costs

The costs associated with holding and managing inventory, including storage, insurance, taxes, and opportunity costs.