A Contract Between a Company in the United States and One

question 29

Multiple Choice

A contract between a company in the United States and one in China contained a clause that stated: "If an event happens which is extraordinary and out of the control of the parties such as a strike,act of God,fire,accident,or transportation difficulties,then the affected party shall be relieved of its obligations under the contract." This type of clause is a(n)

• A)objective impossibility clause.
• B)force majeure clause.
• C)concurrent condition clause.
• D)condition precedent clause.

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Definitions:

Reaction Formation

Reaction formation is a psychological defense mechanism in which an individual acts in a manner opposite to their actual feelings or desires.

Defense Mechanism

A psychological strategy unconsciously used to protect a person from anxiety arising from unacceptable thoughts or feelings.

Anal Stage

In Freudian psychology, a phase of child development characterized by focus on anal functions and the resultant conflicts.

Obedience

The act of following orders or directions from authorities or rules, a fundamental aspect in the study of social psychology.