Which of the Following Statements Is TRUE

question 29

Multiple Choice

Which of the following statements is TRUE?

• A)Bankruptcy always relieves a contractual party from the need to satisfy any obligation that arose under a contract.
• B)The doctrine of frustration applies in favour of the innocent party if the other party to a contract intentionally makes it impossible to perform the contract.
• C)Because electronic records are easy to create and store, the general limitation period for breach of contract recently was increased to ten years.
• D)The breach of an intermediate term sometimes allows the innocent party to discharge the contract.
• E)In contrast to the doctrine of promissory estoppel, there is no possibility of retraction and resumption of rights under the doctrine of waiver.

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Definitions:

Steady-state Error

Steady-state error is the difference between a system's output and its desired input value when the system has reached equilibrium or a steady state.

PLC Networks

Communication systems that connect multiple Programmable Logic Controllers (PLCs) to enable data exchange and coordination.

Wireless Radio Wave

Electromagnetic waves used for transmitting data without physical connections through the air.