Which of the Following Statements Is True of the Fault

question 83

Multiple Choice

Which of the following statements is true of the fault rule of breaking engagements?

• A)If the person who has accepted an engagement ring breaks off the engagement, the ring will be owned by the person who marries first.
• B)If the person who has accepted an engagement ring breaks off the engagement, that person can retain the engagement ring.
• C)If the person who gave the engagement ring breaks off the engagement, the other side can rightfully keep the engagement ring.
• D)If the person who gave the engagement ring breaks off the engagement, the ring is sold at an auction and the proceeds are shared between both parties.

---

Definitions:

Rights of First Refusal

A contractual right that gives its holder the option to enter a business transaction with the owner of something, before the owner is entitled to enter into that transaction with a third party.

Disaffirm

The legal right of a party to deny or reject the validity of a contract or agreement.

Trade

The exchange of goods, services, or both between parties, either within a country or between countries, often for money.

Four-Wheel Drive

A vehicle drive system where power is distributed to all four wheels simultaneously, enhancing traction.