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In a contract between Top Notch Decking and Carpenter's Supply House, there is a clause that either party can end the contract on 15 days
In a contract between Top Notch Decking and Carpenter's Supply House, there is a clause that either party can end the contract on 15 days notice. This clause is called a: A merger An example of accord and satisfaction. Awaiver. An option to terminate. An exculpatory clause. Yuki took her grandmother's wedding dress to a dry cleaners and entered into a contract for $50 for this. One clause in the contract said: \"Top Notch Dry Clearners is not responsible for any damage that occurs to the finished product by negligent or improper use or handling of the item." This is an example of: a. A penalty. b.A misrepresentation. c. An exclusionary clause. d.An unconscionable condition. e.A condition precedent. Mary Ann and Michael entered a written contract for Mary Ann to deliver undyed cloth to Michael in another country. There is a clause in the contract that says the contract need not be fulfilled in the event of war, rebellion, labour disruption or terrorism. This is an example of: O a. A repudiation clause O b. A warranty O c. An exculpatory clause O d. A fundamental breach O e. A force majeure clauseIdris asks Bihar, a fabric wholesaler, whether a piece of fabric she is selling is suitable for dying with natural dyes. Bihar says, \"I think so." Idris goes ahead and buys the fabric hoping to use it in a project with her daughter making colourful clothing using natural dyes. a. Bihar's statement is a material representation. b. Bihar's statement is a condition. c. Bihar's statement is a warranty. d. Bihar's statement is a statement of opinion. e. None of the above Mitsuko entered a written contract with Adam to buy Adam's snowmobile. The contract includes a clause that says that Mitsuko would not be bound to buy the snowmobile unless Mitsuko was able to sell his old sailboat within 10 days of the date the contract was signed. This is an example of: a.An exculpatory clause. b.A mutual mistake. c. A condition subsequent. d. A warranty. e.A condition precedent
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