An Assignment into Bankruptcy Can Relieve a Party from Performance

question 111

True/False

An assignment into bankruptcy can relieve a party from performance of a contract.

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Definitions:

General Paresis

An irreversible medical disorder whose symptoms include psychological abnormalities, such as delusions of grandeur; caused by syphilis.

Emil Kraepelin

A German psychiatrist known for his contributions to the classification of mental disorders and is often considered the founder of modern scientific psychiatry.

Syphilis

A sexually transmitted infection caused by the bacterium Treponema pallidum, characterized by distinct stages and symptoms, including sores, rashes, and potentially serious late-stage complications.

AIDS

Acquired Immunodeficiency Syndrome is a severe, possibly fatal disease caused by the human immunodeficiency virus (HIV) that impairs the immune system.