Which of the Following Statements Is TRUE with Respect to the Contractual

question 15

Multiple Choice

Which of the following statements is TRUE with respect to the contractual concept of deviation that applies when goods are shipped?

• A)Deviation usually allows a contract to be discharged on the basis of substantial performance.
• B)Deviation is a type of anticipatory breach.
• C)Although the concept of deviation applies when goods are placed on board a ship,a different set of rules applies when goods are transported by rail or by road.
• D)The practical consequences of deviation are usually small because the party in breach is protected by insurance.
• E)Deviation is a form of contractual breach.

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Definitions:

Competitors Merge

The process in which two or more competing businesses combine into a single entity, potentially altering market dynamics and competitive landscapes.

Book Publishing

The activity of making literature, information, or other content available to the public for sale or distribution.

Pulp and Paper Mill

An industrial facility where wood pulp is produced and then used to manufacture paper products, ranging from newspapers to packaging materials.

Vertical Merger

A vertical merger is the combination of two or more companies at different stages of production in the same industry, aiming to increase efficiency or market power.