Which of the Following Is Correct with Respect to the Code's

question 6

Multiple Choice

Which of the following is correct with respect to the Code's approach to impossibility of performance?

• A) A significant drop in demand for the goods will excuse the buyer's performance.
• B) Increased production costs will excuse performance by the seller.
• C) Performance will be excused when it is impractical as a result of one or more unforeseen supervening events that are more than mere hardship or increased cost of performance.
• D) All of these are correct.

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Definitions:

Instrumentality

The belief that a certain amount of effort will lead to the desired performance and outcome.

Employee Theft

The act of stealing or misappropriating assets or resources from an employer by an employee.

Equity Theory

A theory in psychology that explains how individuals gauge the fairness of their work outcomes in relation to the work outcomes of others.

Motivational Punch

A powerful stimulus or influence that inspires or propels someone into action or enhances their enthusiasm to pursue a goal.