If One of the Parties to a Contract Fails to Perform

Multiple Choice

If one of the parties to a contract fails to perform his obligations under that agreement,which of the following will be the most likely result?

A) The offending party is legally obligated to renegotiate the terms of the contract.
B) Both parties must adhere to a mandatory requirement to renegotiate their contract.
C) A court will generally award damages to the innocent party to cover resulting losses.
D) A court will order each party to return whatever consideration has been received.