Refusal of a Tender of Performance by One Party to a Bilateral

question 72

Multiple Choice

Refusal of a tender of performance by one party to a bilateral contract will:

• A) be treated as a repudiation, excusing the tendering party from further duty of performance under the contract.
• B) not discharge either party from further duty of performance under the contract until 30 days past the term of the contract.
• C) be considered a condition subsequent.
• D) render the contract void.

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Definitions:

Siphoning Off

The act of diverting or redirecting resources, funds, or energy from one area to another, often in a manner that is secretive or not sanctioned.

Armed Rebellion

Armed rebellion is a violent uprising against an established government or authority, typically with the goal of overthrowing the existing regime or achieving independence for a specific region.

Economic Inequality

Describes the unequal distribution of wealth, income, or resources among individuals, households, or populations within a society.