A Similarity Between a Waiver and a Release Is That

question 84

Multiple Choice

A similarity between a waiver and a release is that

• A) there is a liability for a breach of contract in both cases.
• B) both always occur before a contracting party fails to perform.
• C) both require the payment of liquidation damages.
• D) both always occur after a contracting party fails to perform.
• E) nonperformance of contract is forgiven in both cases.

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Definitions:

Primary Drive

Fundamental biological needs or urges, such as hunger, thirst, and sex, that motivate behavior.

Unlearned

Refers to behaviors or responses that are natural or inherent, not acquired or taught.

Learned

Acquired or developed as a result of experience, education, or training.

Homeostasis

The regulatory process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.