What Is the Effect of a Frustrating Event Upon the Obligations

question 24

Multiple Choice

What is the effect of a frustrating event upon the obligations of the parties to a contract?

• A)The contract becomes voidable by either party,and until one of the parties voids the contract it is valid and enforceable.
• B)The contract is void from the frustrating event and any obligations arising before the frustrating event must still be fulfilled.
• C)The contract is void ab initio ('from the beginning'),the parties are to be restored to their original positions,and any payments already made refunded to the payer.
• D)Each party is still obliged to fulfil their obligations under the contract as if the frustrating event had not occurred.

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Definitions:

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A region of the cerebral cortex located beneath the lateral fissure on both cerebral hemispheres of the mammalian brain, involved in processing auditory information and encoding memory.

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The study of politics, government systems, and political behavior, encompassing both understanding of political theories and the practical workings of political institutions.

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A small endocrine gland in the brain that produces melatonin, a hormone that affects the modulation of wake/sleep patterns and seasonal functions.