A Force Majeure Clause

question 35

Multiple Choice

A force majeure clause

• A)allows a frustrated contract to be rescinded.
• B)overrides the effect of an event that normally would constitute frustration.
• C)is important primarily because of the possibility of duress or undue influence.
• D)means that if there is a dispute regarding the effect of a contract, and there are more than two parties to the contract, the majority view will prevail.
• E)provides protection against the possibility of unconscionable conduct.

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Definitions:

Group Space

The physical or virtual spaces where group interactions occur, facilitating communication and collaboration.

Territoriality

The behavior by individuals or groups to claim and defend a specific area or territory as their own, often against others.

Cultural Background

The cultural, social, and familial influences that shape an individual's beliefs, values, and behaviors, often rooted in traditions, languages, and customs.

Social Status

The position or rank of an individual within a social hierarchy, often determined by factors like wealth, occupation, or group affiliations.