Which of the Following Is True with Respect to Substantial

question 42

Multiple Choice

Which of the following is true with respect to substantial performance?

• A)It has particular importance in the construction industry.
• B)Substantial performance does not defeat the purpose of the contract.
• C)When one party to a contract has substantially performed, the other party cannot recover damages for the imperfect performance.
• D)All of the above.
• E)Two of the above, (a) and (b) are correct.

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Definitions:

National Borders

The defined lines that distinguish the geographic boundaries of sovereign nations.

Force Majeure Clause

A contractual provision that relieves the parties from fulfilling their obligations when certain circumstances beyond their control occur, making performance inadvisable, commercially impracticable, illegal, or impossible.

Unforeseeable Occurrence

An event that cannot be predicted and is beyond the control of the parties involved, oftentimes relieving them from contractual obligations due to impossibility.

Regional Legislatures

Government bodies responsible for making laws within specific geographical areas smaller than the national level, such as states or provinces.