When a Lapse of Time and a Change in Circumstances

question 13

True/False

When a lapse of time and a change in circumstances make it substantially more burdensome for the parties to perform, a contract is discharged.

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Definitions:

Time Management

The process of organizing and planning how to divide one's time between specific activities to maximize effectiveness and productivity.

Calendar-Bound

Activities or tasks that are strictly scheduled or have to be performed at specific times according to a calendar.

Planning

The process of defining goals, establishing strategies to achieve those goals, and developing plans to integrate and coordinate activities.

Management Process

Planning, organizing, leading, and controlling the use of resources to accomplish performance goals.