Which of the Following Events Would Probably Excuse Performance of a Contract

question 57

Multiple Choice

Which of the following events would probably excuse performance of a contract because of commercial impracticability?

• A) The price of the commodity increases slightly so that the contract will not be as profitable.
• B) There is an unforeseeable trade embargo causing commodity prices to triple.
• C) The promisor of a personal service contract dies.
• D) The subject matter of the contract is destroyed by fire.
• E) The contract contains a time-is-of-the-essence clause.

---

Definitions:

Deliberately Formed

Refers to groups or entities created with specific intentions or objectives in mind.

Spontaneously Form

The natural or unplanned inception of structures, patterns, or groups without explicit external influence or direction.

Group Size

Refers to the number of individuals constituting a group, which can significantly influence the group's dynamics, communication patterns, and overall functionality.

Basic Types

Typically refers to fundamental categories or classes in various conceptual frameworks or systems, often used to simplify and categorize complex phenomena.