Certificate of Cloud Auditing Knowledge (CCAK) — Question 25
What type of termination occurs at the initiative of one party, and without the fault of the other party?
Answer options
- A. Termination for cause
- B. Termination for convenience
- C. Termination at the end of the term
- D. Termination without the fault
Correct answer: B
Explanation
Termination for convenience is the correct answer because it allows one party to end the agreement without needing to establish fault. In contrast, termination for cause typically involves a breach or failure by one party, while termination at the end of the term and termination without fault do not necessarily capture the unilateral nature of convenience.