Exam 18: Performance and Remedies

In a contract for Adam to sell Carrie a steam boiler,Carrie's obligation to pay is conditioned upon her personal satisfaction with the boiler.Even though the boiler meets every mechanical test imaginable,Carrie refuses to pay because she just doesn't like the boiler for some reason.She is not obligated to pay,because the contract said that he must be personally satisfied,and a contract is a contract.

Kyle promised to mow Heidi's lawn for $20 and clean Heidi's gutters for $50,but only mowed the lawn.Which of the following is true of Kyle?

On May 2,1972,Mix,CPA,entered into an oral contract with Dell to provide certain accounting services to Dell.The contract was fully performed by both parties in 1974.On April 25,1988,Dell commenced a breach of contract action against Mix claiming that Mix had improperly performed the accounting services.Mix's best defense to the action would likely be:

When a person owes an unconditional duty to another,then he/she must perform it unless the performance is excused.

When a promisor's performance is an express condition of the promisee's duty to perform,that performance must meet a strict performance standard.

Adrienne had contracted to convey real estate to Rich.However Adrienne died before the conveyance is completed.What is the status of the parties?

Which of the following allows a party who has materially breached a contract to recover the reasonable value of any benefits he has conferred on the promise?

Mr.Green contracts to repair his roof with Mr.Brown.Prior to the work starting a tornado destroys Mr.Green's home.Mr.Brown fails to perform the duty on the contract,but the court will not consider Mr.Brown in breach due to impossibility.

When a person whose duty is conditional leads the other party to rely on his noninsistence on the condition,the condition will be excused because of a(n)_____.

Which form of damages can have the effect of reducing the liability of the party guilty of a breach of contract?