Which of the Following Statements Is TRUE

question 23

Multiple Choice

Which of the following statements is TRUE?

• A)The doctrine of frustration applies only if the circumstances have changed so that performance,as originally intended,has become impossible.
• B)Because of its effect upon the parties,bankruptcy always leads to frustration of a contract.
• C)The doctrine of waiver may apply in connection with a condition,but not a warranty or an innominate term.
• D)Bankruptcy always discharges a person from performing a contractual obligation.
• E)Limitation periods exist,in part,because it is undesirable for courts to rely upon evidence that is old and perhaps unreliable.

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Definitions:

Sensitivity

The quality of having a keen ability to detect or respond to slight changes, signals, or influences.

Low-level Stimuli

Basic or minimal environmental inputs that can elicit a sensory or psychological response.

T-data Technique

A method of assessing personality traits by observing and recording behavior in structured situations.

Biases

Prejudices or preconceived opinions that influence a person's ability to make impartial judgments.