Once a Party Has Waived Rights to a Portion of a Contract

question 48

Multiple Choice

Once a party has waived rights to a portion of a contract that has not yet been performed,that party:

• A) may retract the waiver if there is a material change of position by the other party.
• B) may retract the waiver unconditionally.
• C) may retract the waiver by giving reasonable notice that strict performance will be required.
• D) may retract the waiver only if the other party does not object to it.

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Definitions:

Social Networking Sites

Online platforms that enable users to create personal profiles, share information, photos, and videos, and connect with friends and family.

Initial Liking

The immediate positive reaction or attraction one feels towards someone they meet for the first time.

Close Relationships

Interpersonal relationships characterized by strong emotional bonds, intimacy, and enduring connections, such as those between family members, friends, or romantic partners.

Agreeableness

A personality trait characterized by warmth, friendliness, and a willingness to cooperate and get along with others.