When Is a Person's Duty to Perform Discharged on Grounds

question 10

Multiple Choice

When is a person's duty to perform discharged on grounds of impossibility?

• A)When a substitute is available
• B)When there is a delay in the delivery of goods
• C)In the presence of supervening illegality
• D)A promisee's dissatisfaction with the performance

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Definitions:

Angel Investor

An affluent individual who provides financial backing for small startups or entrepreneurs, often in exchange for ownership equity.

Venture Capitalist

An investor who provides capital to startup companies and small businesses with long-term growth potential.

Private Investor

An individual or entity that invests personal capital into businesses, projects, or securities, typically not associated with institutional investors.

Backgrounds

The experiences, education, and training that constitute one's personal history and contribute to their qualifications or character.