In the Contract Between Canada Oil Company and the Government

question 28

Multiple Choice

In the contract between Canada Oil Company and the Government of Iran for the supply of Iranian crude oil, there is a clause that allows either party to end the contract on declaration of war between Canada and Iran, or the imposition of United Nations trade sanctions on either country. This clause is

• A) a force majeure clause.
• B) an option to terminate.
• C) a condition subsequent clause.
• D) a frustration of contract clause.
• E) an example of laches.

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Definitions:

Experiment

An investigative process conducted to uncover new findings, verify a hypothesis, or prove an established fact.

Cross-Sequential Research

A research method that combines both longitudinal and cross-sectional approaches to study changes across different groups over time.

Cohort-Sequential

A research design utilized in developmental psychology that combines both cross-sectional and longitudinal methods to study changes over time within different cohorts.

Longitudinal

A type of study or research design that follows the same subjects over a period of time, observing changes or developments.