If a party does not fulfill their obligations as set forth in a sales contract, it is known as:
A) non-payment.
B) termination.
C) non-performance.
D) all of the above.

Question

Quizplus · Accepted Answer

Non-performance refers to a party's failure to fulfill their obligations as agreed upon in a sales contract. Non-payment and termination may be consequences of non-performance, but they do not directly refer to the failure to fulfill obligations.

If a Party Does Not Fulfill Their Obligations as Set