A Contract Between a Company in the U

question 30

Multiple Choice

A contract between a company in the U.S.and one in China,contained a clause that stated: "If an event happens which is extraordinary and out of the control of the parties such as a strike,act of God,fire,accident,or transportation difficulties,then the affected party shall be relieved of its obligations under the contract." This type of clause is

• A)an objective impossibility clause.
• B)a force majeure clause.
• C)a concurrent condition clause.
• D)a condition precedent clause.

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Definitions:

Mental Images

Mental representations that stand for objects or events and have a picture-like quality.

Physical Objects

Items or things that occupy space and have mass, perceptible through the senses, especially the sense of touch.

Phoneme

The smallest unit of sound in a language that can distinguish meaning between words.

Cultural Bias

The tendency to interpret or judge phenomena based on one's own cultural standards.