Which of the Following Is True About Specific Performance

question 66

Multiple Choice

Which of the following is true about specific performance?

• A)It is an amount paid by a breaching party to the suffering party to cover the latter's loss.
• B)It arises in situations which involve written promises.
• C)It is usually ordered by the court when the economic value of the transaction is difficult to quantify.
• D)It is common in case of contracts having a negative influence on the society as a whole.

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Definitions:

Problem Recognition

The initial step in the consumer decision-making process, where an individual realizes a difference between their current state and a desired state.

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.

Extended Warranty

An additional warranty that extends beyond the original period of coverage, offering further protection against defects or failures.

Technical Support

A service provided to assist users in solving specific problems with a product or service.