Which of the Following Is True of Preexisting Contractual Duties

question 56

Multiple Choice

Which of the following is true of preexisting contractual duties and their modification under the UCC?

• A)There is no provision of modifications due to unforeseen circumstances.
• B)No modifications can be made to an existing contract that is binding.
• C)Modification requires "mere agreement" on the part of those involved.
• D)Rules for contractual modifications are different for the UCC and the CISG.

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Definitions:

Inductive Thinking

A method of thought that includes making widespread deductions based on precise cases or occurrences.

Deductive Thinking

A thought process where an end point is determined by the uniformity of several commonly accepted assumptions.

Body Dissatisfaction

A person's negative perception of the appearance of their own body, often leading to severe emotional distress and unhealthy behaviors.

Egocentrism

The incapacity to distinguish one's own viewpoint from that of another person.