In Which of the Following Situations Is It Likely That

question 28

Multiple Choice

In which of the following situations is it likely that the court will release a party from their contractual obligations?

• A) Performance of the contract was impossible because a party's subsequent actions made it impossible for that party to perform
• B) Performance of the contract was significantly more difficult than expected by one party
• C) Performance of the contract was significantly more expensive than expected by one party
• D) Performance of the agreement was prevented after the destruction of the object of the contract by a third party

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Definitions:

Null Hypothesis

A default hypothesis that there is no effect or difference, and any observed change in the data is due to random chance.

Confidence Interval

An interval estimate of a population parameter that provides a range of values which is likely to include the parameter of interest.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, describing how much individual data points differ from the mean.

Sample Mean

The average of a set of numerical values drawn from a sample of a population, used as an estimate of the population mean.