When a Contract Is Frustrated This Means That the Parties

question 10

Multiple Choice

When a contract is frustrated this means that the parties:

• A)cannot agree on adequate consideration for their contractual promises.
• B)have suffered a communication breakdown.
• C)cannot complete the contract because of circumstances outside their control.
• D)have chosen not to complete the contract.

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Definitions:

Bandura

A psychologist known for his work on social learning theory, emphasizing the role of observational learning, imitation, and modeling in behavior.

Social Learning Theory

A theory of learning and social behavior which proposes that new behaviors can be acquired by observing and imitating others.

Reciprocal Determinism

Bandura’s term for the way people affect their environments even while their environments affect them.

Julian Rotter

An American psychologist known for developing social learning theory and the concept of locus of control.