Where One Party Refuses to Perform His Contractual Obligations, What

question 76

Multiple Choice

Where one party refuses to perform his contractual obligations, what is the risk that the second party runs if he continues to press the first party to perform?

• A)The first party may expressly repudiate the contract and therefore not be liable for breach.
• B)The second party may receive more damages for which he or she can't recover compensation.
• C)The first party may continue to refuse to perform, and there is nothing the second party can do about that.
• D)The contract may be discharged by frustration.
• E)The first party may breach a condition subsequent.

Understand the principles of accounting for foreign currency transactions under accounting standards for private enterprises (ASPE).

Understand the basics of cloud storage and its applications.

Identify and describe different types of cyber attacks and their prevention methods.

Comprehend the technologies that provide internet connectivity and their usage in various situations.

---

Definitions:

Credit Card Information

Details pertaining to a credit card, including the card number, expiration date, and security codes, essential for completing transactions.