Under the Commercial Frustration Doctrine, Performance Is Excused When

question 29

Multiple Choice

Under the commercial frustration doctrine, performance is excused when:

• A) statutes and legislation make the performance more difficult.
• B) something that is essential to the promisor's performance is destroyed through no fault of the promisor, but its substitute is available.
• C) events occur after the formation of the contract that would make the return performance of the other party worthless to the promisor.
• D) the promisor impliedly assumes the risk that the event would occur.

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Definitions:

Describing

The act of giving a detailed account or explanation of something in words.

Classifying

Classifying involves arranging or organizing items into categories based on shared characteristics or properties.

Introversion

A personality trait characterized by a focus on internal feelings rather than external sources of stimulation; introverts often prefer solitary activities.

Agreeableness

A personality trait characterized by compassion, cooperativeness, and a desire to maintain positive social relationships.