After Entering into a Contract,a Buyer Becomes Concerned That the Other

question 73

Multiple Choice

After entering into a contract,a buyer becomes concerned that the other party may not be able to perform his contract obligations.The buyer demands assurance from the other party that the contract will be performed.What is the maximum time period that the buyer would have to wait before considering the other party has repudiated the contract?

• A)90 days
• B)10 days
• C)30 days
• D)365 days

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Definitions:

Melatonin

A hormone produced by the pineal gland that regulates sleep-wake cycles.

Seasonal Affective Disorder

A type of depression that occurs at a specific time of year, usually in the winter, when there is less natural sunlight.

Depression

A common and serious mood disorder that causes persistent feelings of sadness and loss of interest.

Winter

The coldest season of the year in polar and temperate climates, characterized by short days, long nights, and typically featuring snow, ice, and freezing temperatures.