menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law and the Regulation of Business Study Set 2
  4. Exam
    Exam 17: Performance Breach and Discharge
  5. Question
    Objective Impossibility Occurs If a Particular Contracting Party Is Unable
Solved

Objective Impossibility Occurs If a Particular Contracting Party Is Unable

Question 69

Question 69

True/False

Objective impossibility occurs if a particular contracting party is unable to perform because of financial inability or lack of competence.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q36: Discharge by performance is the most frequent

Q62: a. Velinda and Thelma enter into a

Q63: Luke and Grace have an executory contract

Q64: Carl, a contractor, has a contract with

Q65: Russell contracts to install for Nina her

Q66: A condition precedent  is a much more

Q66: A material breach by the seller will

Q68: A fundamental difference exists between the breach

Q71: Paul, a contractor, has a contract to

Q72: Refusal of a tender of performance by

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines