In an International Contract, a Force Majeure Clause

question 111

Multiple Choice

In an international contract, a force majeure clause:

• A) specifies the contingencies in the event of a specified occurrence contemplated by the parties during the negotiation of the contract
• B) protects contracting parties from problems arising from problems beyond their control
• C) is triggered solely by economic rather than social and political activities and events
• D) an integral part of the arbitration provision when third world governments are involved in the contract
• E) is not a part of international contracts for the sale of services

---

Definitions:

Enterprising Nonprofits

Organizations that adopt entrepreneurial strategies and innovations in pursuit of social, cultural, or environmental missions.

Complete Financing

The process of providing all necessary funds for a project or business endeavor, covering all anticipated costs.

Wicked Problems

Complex challenges characterized by high levels of uncertainty, interconnectedness, and the absence of a single, straightforward solution.

Access To Capital

The ability of a business or individual to obtain financial resources and funding necessary for operations, expansion, or investment.