Exam 17: Performance, Breach, and Discharge

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There is only one way to completely and legally discharge a contract.

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A(n) is a substituted contract that involves an agreement among three parties to substitute a new promisee in Place of an existing promisee, or to replace an existing promisor with a new one.

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An express condition is usually preceded by such words as:

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An intentional breach of contract is generally held to be material.

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The law assumes that respective performances under a contract are concurrent conditions, unless there is an agreement to the contrary.

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