Multiple Choice
Which of the following events would probably excuse performance of a contract based on commercial impracticability?
A) The price of a raw material increases slightly so that the contract will not be as profitable.
B) An unforeseeable trade embargo causes prices to triple.
C) The promisor of personal services dies.
D) The subject matter of the contract is destroyed.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Southern Fuels Co.and Langham-Hill Petroleum,Inc.are both in
Q10: The statement,"You will have a job with
Q13: In negotiating the purchase of a vehicle,the
Q14: Alice signs a contract with Bob to
Q17: Mary contracted to buy 100 table lamps.Under
Q19: The distinction between a condition precedent and
Q21: Jackie hires Charles to lay new carpet
Q24: Abdulla hired Granite Construction to build an
Q34: The Grand Performance Hall is in the
Q39: Linda agrees to buy Missy's Greyhound race