When Performance Is Impeded Due to the Occurrence of an Event

question 53

Multiple Choice

When performance is impeded due to the occurrence of an event whose nonoccurrence was a basic assumption of the contract, the contract may be discharged on the grounds of:

• A) commercial impracticability.
• B) commercial impossibility.
• C) economic frustration.
• D) economic stability.

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Definitions:

High Levels

A term that indicates a greater than average quantity, intensity, or degree in a given context.

Team Sports

Sports that involve players working together towards a common objective, typically involving competitive play against another team.

Organized Sports

structured physical activities, usually competitive, that are governed by a set of rules and organized by leagues, clubs, or associations.

Middle Childhood

A developmental stage that encompasses the period from around 6 to 12 years of age, when children are typically in elementary school.