Which One of the Following Is True with Regard to the Ending

question 128

Multiple Choice

Which one of the following is true with regard to the ending of a contract by performance?

• A) In law, a certified cheque is the same as cash.
• B) If a person owing money has tendered payment in a reasonable way, at a reasonable time, and it has been refused, he is free from any further obligation to pay.
• C) If a person attempts to perform services in accordance with the terms of the contract and the buyer refuses those services, the person attempting to perform can sue the buyer with no further attempt to perform.
• D) Legal tender consists of bills or coin in any amount.
• E) If a warranty is breached, the victim has no further obligation to perform under the contract.

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Definitions:

Obstacle Explanation

The process of detailing or clarifying the nature, causes, and potential solutions for barriers or challenges faced.

Bypassing

Occurs when there is a misunderstanding or lack of clarity in communication due to differences in the interpretation of words or phrases.

Communication Breakdown

A failure in the process of exchanging information, leading to misunderstandings or conflict.

Personal Experience

An individual's direct encounter or involvement in events, which shapes their knowledge, perspectives, and insights.