Bob, Due to a Strong Work Ethic, Has Worked His

question 51

Short Answer

Bob, due to a strong work ethic, has worked his way up the ladder and would be considered middle class, which is reflected in his recent purchases. This is an example of
psychological influences.
social influences.
personal influences.
cultural influences.
past experience influences.

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Definitions:

Objective Impossibility

A situation where the fulfillment of a contract is literally impossible due to circumstances beyond the control of the involved parties.

Subjective Impossibility

A situation where a party to a contract feels personally unable to perform their obligations, but the performance may still be possible by someone else.

Commercial Impracticability

A legal doctrine allowing parties to suspend or terminate their contractual obligations when unexpected events fundamentally alter the nature of the contract and performance becomes unfeasibly burdensome.

Substantial Performance

A concept in contract law where a party has completed enough of the contract to warrant payment, though some minor elements may still need to be finished.