Answered

In section 3 “Term and Termination,” what is NOT a condition for termination of the contract?
A) insolvency or bankruptcy of either party
B) failure to pay any amounts due by either party
C) dissatisfaction with goods or services by either party
D) breach of material provisions of the agreement by either party

Answer :

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According to section 3 Terms and Termination the dissatisfaction with goods or service by either party  

Explanation:

  • The term and termination are used when there is an agreement between the two people or two concerns.  
  • The termination is mainly one when there is a breach or any irresponsibility activity one by the other party . There are two types of termination that is termination for convenience and termination for cause.
  • The termination can be done usually with prior notice or even without prior notice as which is mentioned in the agreement termination process.  
  • If there is any breach that is against the agreement the breached party is liable to law action.

Answer:

C

Explanation:

dissatisfaction with goods or services by either party is the correct answer. The paragraph clearly states three conditions for termination. They are (1) the other party fails to pay, (2) the other party breaches any provision of the agreement, and (3) the other party becomes insolvent….or becomes subject to any proceeding under any bankruptcy or similar laws…

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