Which of the Following Statements Is True of Personal Service

question 9

Multiple Choice

Which of the following statements is true of personal service contracts?

• A) Specific performance is generally granted for personal service contracts because it does not require a form of involuntary servitude.
• B) Personal service contracts are the only contracts that terminate with the promisor's death.
• C) Personal service contracts include destruction to subject matter that can result in nonperformance.
• D) Personal service contracts recognize commercial impracticability as an excuse when unforeseeable developments take place.

---

Definitions:

Efficient Operations

Activities and processes designed to achieve maximum productivity and minimize waste, enhancing the overall effectiveness of a business or organization.

Savings Accounts

Bank accounts that earn interest over time, allowing individuals to save money for future use.

Checking Accounts

Bank accounts that allow for easy access to funds through checks, debit cards, and electronic transfers.

Cash Equivalents

Cash equivalents are highly liquid investment securities with maturities of three months or less, making them almost as liquid as cash itself.