What Is the Legal Term Given to a Clause That

question 4

Multiple Choice

What is the legal term given to a clause that allows the parties to reopen negotiations or terminate the contract if specified events occur?

• A) a condition precedent
• B) an implied term
• C) an entire contract clause
• D) an exemption clause

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Definitions:

Class

A category or grouping based on shared characteristics or attributes, often used in taxonomy or social strata.

Humans

Homo sapiens, the species of bipedal primates to which modern humans belong, characterized by a high level of cognitive ability and complex social structures.

Monkeys

A term typically referring to any primate of the infraorder Simiiformes, excluding humans, and possessing tails and a generally smaller size than apes.

Cladograms

Diagrams used in cladistics which show relationships among species based on shared, derived characteristics, illustrating how they diverged from a common ancestor.