Exam (elaborations)
WGU D216 UNIT 5
- Course
- Institution
Exam of 8 pages for the course WGU D216 at WGU D216 (WGU D216 UNIT 5)
[Show more]
Content preview
WGU D216 UNIT5
WGU D216
Evatee 9/7/24 WGU D216
, WGU D216 UNIT 5
discharge in bankruptcy Answer - The release of a debtor from all debts that
are provable, except those specifically excepted from discharge by statute.
impossibility of performance Answer - A doctrine under which a party to a
contract is relieved of his or her duty to perform when performance becomes
impossible or totally impracticable (through no fault of either party).
commercial impracticability Answer - A doctrine under which a seller may be
excused from performing a contract when (1) a contingency occurs, (2) the
contingency's occurrence makes performance impracticable, and (3) the
nonoccurrence of the contingency was a basic assumption on which the
contract was made.
frustration of purpose Answer - A court-created doctrine under which a party
to a contract will be relieved of his or her duty to perform when the objective
purpose for performance no longer exists (due to reasons beyond that party's
control).
waiver Answer - An intentional, knowing relinquishment of a legal right.
Tender of delivery Answer - Under the Uniform Commercial Code, a seller's or
lessor's act of placing conforming goods at the disposal of the buyer or lessee
and giving the buyer or lessee whatever notification is reasonably necessary to
enable the buyer or lessee to take delivery.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EvaTee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now