Which of the Following Statements Is True

question 3

Multiple Choice

Which of the following statements is true?

• A) The breach of a warranty can entitle the innocent party to terminate the contract if its consequences are sufficiently serious enough to merit such action.
• B) If the innocent party elects to affirm the contract after the contract breaker has breached it, he can still claim damages afterwards for any loss suffered from the breach.
• C) A contract may be partially terminated where the breach relates to only some aspects of the contract.
• D) All of the options given are correct.

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Definitions:

Legal Challenges

Refers to obstacles or difficulties that arise in the application, interpretation, and enforcement of laws.

Broad Goals

Wide-ranging objectives that an organization aims to achieve over a long-term period.

Specific Goals

Refers to well-defined, precise, and measurable objectives that an organization or individual aims to achieve.

Critical Incident Method

A performance appraisal approach focusing on identifying and evaluating specific events (incidents) where the employee did something particularly well or poorly.