A Contract Between a Company in the U

question 30

Multiple Choice

A contract between a company in the U.S.and one in China,contained a clause that stated: "If an event happens which is extraordinary and out of the control of the parties such as a strike,act of God,fire,accident,or transportation difficulties,then the affected party shall be relieved of its obligations under the contract." This type of clause is

• A)an objective impossibility clause.
• B)a force majeure clause.
• C)a concurrent condition clause.
• D)a condition precedent clause.

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Definitions:

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