Birinder Contractually Promised to Sell 10 000 Tons of Steel

question 19

True/False

Birinder contractually promised to sell 10 000 tons of steel to Maria.Because he honestly believed that he had a total of 25 000 tons of steel in stock,he sold 15 000 tons of steel to Boris under a separate contract.After doing so,however,he discovered that he originally had only 20 000 tons of steel in stock.Because he has only 5000 tons of steel remaining,and because he had acted honestly throughout,his contract with Maria is discharged on the basis of frustration.

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Definitions:

Right Frontal

Pertaining to or located in the right frontal lobe of the brain, an area associated with various cognitive functions including decision-making and emotional response.

Prefrontal Cortex

A part of the brain located at the front of the frontal lobe, involved in complex behaviors such as planning, decision making, and moderating social behavior.

Social Impulses

The innate or conditioned drives that influence human behavior in social contexts.

Poor Planning

The act of designing tasks, projects, or objectives without adequate consideration of potential risks, resources, or consequences, leading to inefficiency or failure.