In Which of the Following Is the Contract Not Ended

question 140

Multiple Choice

In which of the following is the contract not ended by agreement?

• A) The event contained in the condition subsequent provision of the contract has happened.
• B) Randy visited Terry two weeks after the contract was formed but one month before the performance date to say he wouldn't do it. Terry had already paid Randy for the work. After hearing Randy's story, Terry said, "Just forget it, good bye and good luck."
• C) Sean hired two students to do a market survey for him for $3000. Before the students had begun the work, they both received offers for full-time jobs. They told Sean they wanted out of the contract. Sean said, "Ok, I'm short of cash anyway."
• D) Goode contracted to sell his pony to Reston. Goode then changed his mind and told Reston he didn't want to sell the pony but would give him two lambs instead. Reston agreed to the substitutes.
• E) After party A of the contract paid, party B said he couldn't perform. Party A agreed to waive B's obligation if B would return the money paid to him. B agreed.

---

Definitions:

Organizational Clarity

The degree to which an organization’s mission, values, and objectives are clearly defined and understood by its members.

Employee Engagement

The level of an employee's emotional investment, commitment, and enthusiasm towards their work and workplace, often linked to productivity, job satisfaction, and loyalty.

Corporate Values

Corporate values are the fundamental beliefs upon which a business and its behaviors are based. They are the guiding principles that an organization uses to manage its internal affairs as well as its relationship with customers.

CSR Goals

Objectives set by a company as part of its Corporate Social Responsibility strategy, aiming to achieve positive impacts on society, economy, and the environment.