Which of the Following Events Would Probably Excuse Performance of a Contract

question 37

Multiple Choice

Which of the following events would probably excuse performance of a contract based on commercial impracticability?

• A) The price of a raw material increases slightly so that the contract will not be as profitable.
• B) An unforeseeable trade embargo causes prices to triple.
• C) The promisor of personal services dies.
• D) The subject matter of the contract is destroyed.

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Definitions:

Customer's Interests

Preferences, needs, or desires that customers seek to fulfill when purchasing goods or services.

Ethical Decisions

Choices made based on moral principles and values, often involving considerations of fairness, accountability, and integrity.

Job Enlargement

The grouping of a variety of tasks about the same skill level; horizontal enlargement.

Source Inspection

The practice of inspecting goods or materials at the supplier's site before they are shipped to the purchaser, to ensure they meet specified quality standards.