Rahilly Entered into a Contract with Khan, Whereby Rahilly Agreed

question 109

Multiple Choice

Rahilly entered into a contract with Khan, whereby Rahilly agreed to paint a portrait of Khan's wife to be completed by her 30th birthday, six months from the time of this agreement. Three months before the portrait was to be completed, Rahilly told Khan that he would not be doing the portrait because he had accepted a job in Boston and was leaving immediately. Which of the following is False with regard to the rights of the parties in this situation?

• A) The contract has not been frustrated because there was no unforeseen event beyond the control of either party making it impossible or meaningless to perform the contract.
• B) The contract has been repudiated, and Khan can elect to acknowledge the breach and sue Rahilly right away.
• C) Khan must wait to see if Rahilly really fails to perform the contract before Khan can sue.
• D) If Khan presses Rahilly to perform according to the contract, it is possible that the contract could be ended by frustration.
• E) If Khan presses Rahilly to perform according to the contract, it is possible that the contract could be ended by performance.

Grasp the evolutionary adaptations and special functions of enzymes like lysozyme across different organisms.

Understand the concepts of gene duplication and its diverse outcomes.

Calculate molecular evolutionary rates and date gene family origins.

Identify and differentiate between orthologs and paralogs in evolutionary studies.

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Definitions:

One-Time Occurrence

An event or happening that takes place once and is not repeated.

API Gravity

A measure of how heavy or light a petroleum liquid is compared to water, used in the oil and gas industry to classify oils.

Pearson Correlation

A measure of the linear relationship between two quantitative continuous variables, ranging from -1 to 1, where 1 means a perfect positive correlation and -1 a perfect negative correlation.

Price Per Barrel

The cost of a barrel of goods, commonly used to denote the cost of a barrel of crude oil in financial markets.