Regarding the frustration of purpose doctrine, which of the following statements is true?

a. the purpose for which seller entered into the contract has become illegal
b. the purpose for which buyer entered into the contract has become illegal
c. the purpose of the contract has become illegal
d. the contract no longer facilitates deferred exchange

c

Economics

You might also like to view...

The fraction of additional income spent on imports is called the marginal propensity to import

Indicate whether the statement is true or false

Economics

In economics, normative statements are about

A) the way things ought to be. B) the way things are. C) marginal benefits, not marginal costs. D) marginal costs, not marginal benefits.

Economics