Which of the Following Matches the Reality That Contracts Cannot

question 42

Multiple Choice

Which of the following matches the reality that contracts cannot recite or provide for all contingencies, leaving some issues unstated?

• A) The degree of certainty established in a contract is not entirely absolute.
• B) Contractual disputes over unknown contingencies require litigation.
• C) Standard form contracts are preferred as they cover all contingencies.
• D) Unknown contingencies can cause irreconcilable disputes between businesses.

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Definitions:

Learning Theory

A broad framework that describes how individuals absorb, process, and retain knowledge during learning, encompassing various principles and theories of cognition.

Nativist Theory

A perspective in developmental psychology that suggests humans are born with innate knowledge or abilities, particularly in aspects like language acquisition.

Interactionist Perspective

A theoretical viewpoint in sociology and social psychology stressing the importance of mutual and reciprocal influence between individuals and society.

Innate Capacity

Describes abilities or instincts that a person is born with, rather than skills developed through learning or experience.