A Universally Observed Function of Government Is the Establishment of Property

question 35

True/False

A universally observed function of government is the establishment of property rights.

---

Definitions:

Frustrates Contract

Describes a situation where unforeseen events make the fulfillment of a contract impossible, excusing all parties from their obligations and terminating the contract.

Breach

A violation or infraction of a law, agreement, or set of rules.

Unforeseeable Loss

Losses that could not be predicted or expected under normal circumstances, often excluding them from contractual liability.

Condition Precedent

A specific condition or event that must occur before a contract becomes effective or before a party is obligated to fulfill their part of the contract.