Question: 21. An impossibility to perform on a contract is when: A - No one can perform on the contract B - Only the person required

21. An impossibility to perform on a contract is when: A - No one can perform on the contract B - Only the person required to perform cannot perform on the contract C - It is difficult or inconvenient to perform on the contract D - None of the above 22. The initials HDC in negotiable instruments refers to: A - Nothing B - Holder in Due Course C - Holder in Confidence D - Holder in the Ordinary Course of Business 23. The word damages refers to: A - The compensation due to a non-breaching party to receive any financial loss caused by the breach B - The money received for payment on the contract C - The essential ingredient in every contract case in a court of law D - A and C 24. Compensatory damages are: A - Received in a material breach of a contract B - What a party receives as compensation to make a party whole C - Reasonably certain in a breach of contract D - All of the above 25. Contract damages can be negotiated in: A - Negotiation B - Mediation C - Arbitration D - All of the above

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