Solved

Which of the Following Statements Is True

Question 8

Multiple Choice

Which of the following statements is true?


A) Where a supervening event results in partial impossibility of performance, a court can award partial rescission of the contract for frustration.
B) Where a frustrating event takes place, a party who has already (partly) performed his obligations under the contract may elect to affirm the contract rather than allowing it to be discharged.
C) While a party cannot rely on an otherwise frustrating event because it is self-induced, the other contracting party can rely on that event as discharging the contract for frustration.

Correct Answer:

verifed

Verified

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

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents