Which of the Following Is True with Regard to Ending

question 112

Multiple Choice

Which of the following is true with regard to ending a contract by performance,agreement,or breach?

• A)If a person properly tenders performance of a service that is rejected by the other party,he is required to try again and again.
• B)If one party to the contract has paid for a service,but now the other party doesn't want to perform,the contract is ended by agreement as long as both parties agree to call it off.
• C)A person has legally tendered performance if he pays a $500 debt in 25-cent coins.
• D)A contract can be ended by breach if there was either a breach of condition or a breach of warranty.
• E)A contract ends by agreement when the parties include in the contract a "condition subsequent" (i.e.,a clause that says the contract will end upon the happening of a specified future event that then takes place).

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Definitions:

White Men

A demographic group characterized by individuals of European descent, often discussed in sociological and demographic studies.

Ethnicity

A category of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Perfectly Competitive

A market structure where many firms sell identical products, no barriers to entry exist, and no single buyer or seller can affect the market price.

Market Wage Rate

The prevailing wage determined by the supply and demand for labor in the market, varying across different skill levels, industries, and regions.