What Will Likely Be the Result If One of the Parties

question 53

Multiple Choice

What will likely be the result if one of the parties to a contract fails to perform his or her obligations under that agreement?

• A) The offending party is legally obligated to renegotiate the terms of the contract.
• B) Both parties must adhere to a mandatory requirement to renegotiate their contract.
• C) A court will generally award damages to the innocent party to cover resulting losses.
• D) A court will order each party to return whatever consideration has been received.

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Definitions:

T-butyl Chloride

A compound consisting of a tertiary butyl group attached to a chlorine atom, used in organic synthesis, particularly in nucleophilic substitution reactions.

N-butyl Iodide

An organic compound with the chemical formula CH3(CH2)3I, used in organic synthesis.

Carbocation

A positively charged ion (cation) in which the charge is on a carbon atom, often an intermediate in organic reactions.

Carbanion

An organic ion in which a carbon atom has three bonds and bears a negative charge, often an intermediate in organic reactions.