If a Statute or Government Regulation Enacted After a Contract's

question 48

True/False

If a statute or government regulation enacted after a contract's creation makes performance of a party's contractual duties illegal, the promisor is excused from performing.

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Definitions:

Distinct Personalities

Unique combinations of traits and characteristics that make an individual's behavior patterns uniquely identifiable.

Koro

A cultural-specific syndrome that involves an intense fear that one's genitals are retracting and will disappear.

DSM-IV

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, a manual published by the American Psychiatric Association which outlines the standard criteria for the classification of mental disorders.

Psychological Disorders

A wide range of mental health conditions characterized by significant disturbances in thought, emotion, or behavior.