Louis Agreed to Provide All the Apples That Cindy's Cider

question 54

Multiple Choice

Louis agreed to provide all the apples that Cindy's Cider Mill will need at $5 per bushel unless weather conditions require additional labor to be hired.The rate would then be $5.50 per bushel.A freeze warning required Louis to hire additional overtime workers, raising the cost per bushel to $6.75.Louis wants to get out of his contract.Can he?

• A)No, the parties expected the hardship and provided for it in their contract.
• B)No, there is no hardship.
• C)Yes, the contract is commercially impracticable.
• D)Yes, the freeze is a supervening event.

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Definitions:

Peers Pressure

The influence exerted by a peer group in encouraging a person to change their attitudes, values, or behaviors in order to conform to group norms.

Variable-Ratio Schedules

A reinforcement schedule in behavioral psychology where a response is reinforced after an unpredictable number of responses, promoting a high and steady rate of response.

Reinforcement Schedules

Involves the structured application of rewards or punishments to modulate behavior within a learning process, emphasizing the timing and frequency.

Rates of Response

The speed or frequency with which an organism responds to a stimuli in behavioral psychology, or the reply frequency in survey research.