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.

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Definitions:

Lex Mercatoria

Lex Mercatoria, also known as the law merchant, is a body of commercial law used by merchants throughout Europe during the medieval period, forming the basis of modern commercial law.

Commercial Money Market

A segment of the financial market where commercial banks and other institutions lend and borrow short-term, high-quality debt securities.

Unconditionally

Without any conditions or limitations; absolutely.

Draft

A preliminary version of a piece of writing or document that is open for discussion, modification, or approval.