________ is an action a party to a sales or lease contract is required by law to carry out.
A)Obligation
B)Breach
C)Capture
D)Revocation

Question

Quizplus · Accepted Answer

An obligation is a legal duty to perform an action required by a contract, law, or moral principle. In the context of sales or lease contracts, obligations typically include delivering goods or property, making payments, and complying with warranties or conditions of the agreement.

________ Is an Action a Party to a Sales or Lease