Which of the Following Is TRUE Regarding the Doctrine of Frustration

question 29

Multiple Choice

Which of the following is TRUE regarding the Doctrine of Frustration?

• A) Frustration can occur with the sale of goods.
• B) A person may be frustrated in the legal sense, yet still carry out the terms of the contract.
• C) Legal frustration can result from a common mistake.
• D) An "act of God" results in legal frustration rather than legal mistake.
• E) Hardship is a sufficient excuse for failing to perform terms of a contract.

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Definitions:

Observed Z Value

A standardized statistic that represents the number of standard deviations a data point is from the mean of a distribution.

Sample Mean

The average value of a sample set of a population, used as an estimate of the population mean.

Population Average

The mean value of a particular characteristic in a specified population, representing a central tendency.

Statistical Significance

Indicates whether the results of a study are likely to be due to chance or are actually significant in terms of supporting a hypothesized effect.