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:

Fund-raising

The act of collecting financial contributions from individuals, organizations, or governments to support nonprofit organizations, campaigns, or projects.

Development

The process of growth, progress, or evolution in a particular aspect such as economic, social, or personal development.

Gift Solicitation Methods

Gift Solicitation Methods are strategies used by organizations, especially non-profits, to ask for donations, contributions, or gifts from individuals, corporations, or foundations.

Tax Rates

The percentages at which income or property is taxed by a government, varying across jurisdictions and income levels.