​Contractors LLC Agrees to Build a Store for Discount Retail

question 67

Multiple Choice

​Contractors LLC agrees to build a store for Discount Retail, Inc., at a specific location. Before construction begins, the local zoning law is changed to prohibit commercial buildings at that location. In this situation

• A) ​Contractors is in breach of contract.
• B) ​the local zoning authority is in breach of contract.
• C) ​the contract is discharged.
• D) ​Discount must compensate Contractors for its lost profit.

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Definitions:

UML Inheritance Diagram

A diagram in the Unified Modeling Language used to show the inheritance relationship between classes, typically illustrating subclasses and superclasses.

Bank Account

A financial account maintained by a bank for a customer, allowing for the deposit and withdrawal of money.

UML Class Diagram

A type of static structure diagram in the Unified Modeling Language (UML) that describes the structure of a system by showing the system's classes, attributes, operations, and the relationships among objects.

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.