On April 1,OK Contractors,Inc

question 33

Multiple Choice

On April 1,OK Contractors,Inc.,contracts to build a store for Lo-Cost Jewelers at a specific location in Metro City.On May 1,Metro changes its zoning laws to prohibit the construction of a commercial building at that location.When the store is not built,Lo-Cost files a suit against OK.In this situation

• A)OK is in breach of contract.
• B)Metro is in breach of contract.
• C)the contract is discharged.
• D)the contract is suspended.

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Definitions:

Concession Bargaining

The process of getting each side in a conflict to willingly make concessions in exchange for concessions made by the opposing side.

Low Conformers

Individuals who tend not to follow the norms or standards set by their social group or society.

Tolerate

To allow the existence, presence, or practice of something that one does not necessarily like or agree with, without interference.

Self-Expression

The act of conveying one’s thoughts, feelings, or ideas through various forms such as speech, writing, or art.