Question
1. The parties are excused from compliance in case the risks enumerated or referred to in this boilerplate actually take place before or during the
1. The parties are excused from compliance in case the risks enumerated or referred to in this boilerplate actually take place before or during the performance of contractual obligations. a.Force Majeure b.Hardship c.Suspension d.Termination
2. Hardship clauses allow a party to ask for certain reprieves in connection with his performance of the contractual obligation because the circumstances during his performance were not what the parties envisioned at the execution of the contract. a.True b. False
3. Which boilerplate can you use to limit the effectivity of the contract to just the parties themselves? a.Suspension b.Termination c.Assignments d.Amendments
4. Confidentiality clauses can no longer be used as boilerplates if there was already a pre-contractual Non-Disclosure Agreement. a.True b. False
5. Contracting parties are can only choose the laws of a particular State to govern their contract. a. true b. false
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