What does a "force majeure" clause do in a cont. et? A clause that allows parties to change a contract is a war occurs A clause that allows parties to terminate a contract if a significant and unanticipated event occurs A clause that allows a party to terminate a contract when there is a major breach by the other party A clause that allows one party to penalize the other party for an event that is out of their control Question 8 (1 point) A Licto VQuestion 8 (1 point) Listen What does the concept of "privity of contract" mean? Contracts can only be made between two persons The operation of a contract is limited to the persons who are parties to it The operation of contracts is private to the parties to it O Contracts are only enforceable by parties to the contract Question 9 (1 point) Listen What are "conditions precedent" in a contract