If One Party to a Contract Has "Reasonable Grounds" to Believe

question 64

True/False

If one party to a contract has "reasonable grounds" to believe that the other party will not perform as contracted, he or she can demand in writing assurance of performance from the other party.

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Definitions:

Crisis Intervention

Immediate and short-term psychological care aimed at assisting individuals in a crisis situation to restore equilibrium to their biopsychosocial functioning and to minimize potential psychological trauma.

Traumatic Events

Incidents that cause psychological, physical, or emotional harm or distress, often overwhelming an individual’s ability to cope.

Subjective Distress

The personal experience of discomfort, suffering, or pain, which can vary greatly between individuals and is not always visible or measurable by others.

Trauma Reactions

The emotional, psychological, and physical responses that occur after experiencing or witnessing a distressing event.