The ____ in International Contracts Protects Contracting Parties from Problems

question 164

Multiple Choice

The ____ in international contracts protects contracting parties from problems beyond their control.

• A) payment clause
• B) communication clause
• C) choice of language clause
• D) unforeseen happenings clause
• E) none of the other choices are correct

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Definitions:

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs, including resources and technology.

Quantity Of Produced

The total amount of goods and services produced by an economy or business within a specific period.

Specialization

The process of focusing on and becoming an expert in a particular field or task, potentially leading to increased efficiency and productivity.

Particular Product

A specific good or service that is distinct among others due to unique characteristics or qualities.