Exam 9: The End of the Contractual Relationship

When an outside,unforeseen event interferes with the performance of a contract,and there is some other way to fulfill the contract,performance is required.

Which one of the following is false with regard to exemption (exclusion)clauses?

What is the result of a breach of a minor contractual term?

Explain how the principle of remoteness affects the availability of damages in a breach of contract action.

Frustration arising when one of the parties to a contract causes or fails to prevent a frustrating event is referred to as ________.

Explain under what circumstances a creditor would be entitled to refuse to accept payment proffered to him on or before the payment due date.

An agreement by both sides to terminate the contract or to disregard a term of the contract is known as ________.

If a supplier failed to honour a contract to supply parts to Mr.Matheson and the court finds the supplier in breach of contract,which of the following would be incorrect with respect to how the court determines the amount of money to award to Matheson?

When a court determines that a breach of contract has taken place and awards damages,what is the purpose of such an award?

Which of the following is true with regard to remedies for breach of contract?

Explain under what circumstances the tender of performance and its refusal will be treated as performance of the contractual obligation.

On the theory that all land is unique,the courts in the past have been willing to award ________ whenever the parties to the purchase of land breached their contract.

If a contract states that the contract is "subject to the purchaser obtaining financing for $10,000 at 8% by 5:00 p.m.Friday,March 11," it means that