Exam 18: Contract Termination

Jackie hires Charles to lay new carpet in her bedroom.Charles does such a bad job,that the only way to fix the carpet is to start over and relay the carpet.Which of the following best describes this situation?

Ramon purchased 5,000 pounds of coffee from Quick Jump Coffee.The coffee was to be delivered on September 1.Since the contract included a date for performance,time is of the essence and the delivery date is strictly enforceable.

The law strongly prefers to apply the objective standard to contracts because

Abdulla hired Granite Construction to build an addition onto his home.Granite Construction dug the foundation but then abandoned the project.Granite Construction is entitled to receive the full contract price minus the value of the defects.

Teresa tells her son Noah that she will give him her car when she finds a new job,provided that he get all As in his classes this semester.Teresa's finding a new job is __________,and Noah's grades are __________.

Identify the factors courts consider in deciding the validity of commercial impracticability and frustration of purpose claims.

The legal right to sue for a breach of contract is subject to a statute of limitations.

Assume that Jessie and Lester have formed a contract whereby Jessie agrees to deliver 10,000 dozen "Grade A Large Eggs" to be shipped in paper cartons.A shortage of paper makes paper cartons much more expensive,so Jessie uses styrofoam cartons and ships the eggs.Lester is entitled to cancel the contract based on a material breach of the contract.

A contract between a company in the United States and one in China contained a clause that stated: "If an event happens which is extraordinary and out of the control of the parties such as a strike,act of God,fire,accident,or transportation difficulties,then the affected party shall be relieved of its obligations under the contract." This type of clause is a(n)

Which of the following events would have the best chance of excusing performance of a contract based on commercial impracticability?

Harry agreed to pay $100 to rent a rooftop spot in downtown Seattle to watch the New Year's Eve festivities.The festivities were unexpectedly canceled because of concern over a terrorist attack.Harry is

In which case would true impossibility NOT apply?

In January 2018,Professor Noe entered into a contract with State University.She agreed to teach full time during the 2018-2019 academic year.Professor Noe died on May 31,2018.Her estate

When one party breaches a contract,the discharged party

Most contracts are discharged by mutual agreement of the parties.

Statutes of limitations

Which of the following statements is accurate concerning express conditions?

Dana hires Paris to paint a portrait of her poodle,"Mack." The painting is to be done to Dana's personal satisfaction.Upon completion of the painting,which of the following will be true?

Name and describe the types of conditions,explain how conditions are created,and discuss whether it is important to identify the type of condition in a contract.

Buddy was hired to play drums for a rock group scheduled to tour the Midwest.Part way through the tour,Buddy was tragically killed in a plane crash.The tour had to be discontinued until a new drummer could be found.The band lost money on the tour.Is Buddy's estate or agent responsible for the loss to the band?