Under the Doctrine of Commercial Impracticability,which Situation Would Not Excuse

question 43

Multiple Choice

Under the doctrine of commercial impracticability,which situation would not excuse the seller's performance?

• A) The seller forgot to include the cost of freight in a C&F contract.
• B) The seller's source of supply is no longer available because of a governmental embargo prohibiting an export from another country.
• C) The seller cannot deliver because severe flooding wiped out three-fourths of the state's produce.
• D) The seller's workforce is out on an unexpected strike.

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Definitions:

Compounded

The process where interest earned on a principal amount is reinvested, resulting in interest earning interest over time.

Demand Loan

A loan wherein the lender is entitled to demand full repayment at any time without notice.

Compounded Quarterly

Interest calculated on an investment or debt four times a year.

Population Decrease

A decline in the number of people living in a specific area, often due to factors like emigration, lower birth rates, or increased mortality rates.