Which of the Following Statements Is the Best Description of an 'Innominate

question 24

Multiple Choice

Which of the following statements is the best description of an 'innominate term'?

• A)A term in a contract,non-performance of which may result in rescission of the contract and/or damages to the plaintiff.
• B)A term in a contract not essential to the main purpose of the contract,non-performance of which will not entitle the plaintiff to rescind the contract.
• C)A term in a contract which cannot be classified until after the breach has occurred and the seriousness of the effects of the breach can be ascertained.
• D)A term in a contract which provides that the contract will terminate on the happening of a particular event.

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Definitions:

Correlation

A numerical indicator showing how much two or more variables move in relation to each other.

Validity

The degree to which an idea, finding, or measure is grounded in reality and reflects the true state of affairs accurately.

Reliability

The degree to which an assessment tool produces stable and consistent results over time.

Hypothesis

A proposed explanation for a phenomenon, which can be tested through experimentation and research.