Multiple Choice
Which of the following statements is TRUE?
A) Bankruptcy always relieves a contractual party from the need to satisfy any obligation that arose under a contract.
B) The doctrine of frustration applies in favour of the innocent party if the other party to a contract intentionally makes it impossible to perform the contract.
C) Because electronic records are easy to create and store, the general limitation period for breach of contract recently was increased to ten years.
D) The breach of an intermediate term sometimes allows the innocent party to discharge the contract.
E) In contrast to the doctrine of promissory estoppel, there is no possibility of retraction and resumption of rights under the doctrine of waiver.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: Which of the following statements regarding methods
Q25: Ralph recently had his house re-roofed by
Q26: Pina contractually agreed to purchase a shipment
Q27: As part of a larger business plan,
Q28: Acme Corp entered into a complex agreement
Q30: Chan was contractually obliged to pay $10
Q31: An "innominate term" is a term that<br>A)is
Q32: A contract existed between David and Tawny.Although
Q33: Samuel entered into a contract with AE
Q34: It is common for one party to