Exam 16: Contract Discharge and Remedies

Good Food Groceries,Inc.enters into a contract to sell Sarah's Corner Shop a truckload of eggs from free range chickens.Good Food Groceries then fails to deliver the eggs to Sarah's Corner Shop.Sarah

Ben and Andrew are parties to a contract.They agree on a novation.The novation does NOT require

Dino hires Eve to perform at Dino's Club,but Eve later breaches the agreement to accept a higher-paying job at First Star Arena.Dino files a suit against Eve.The court will most likely

Handy Hardware Store agrees to hire Ilsa for one year at a salary of $500 per week.When Handy cancels the contract,Ilsa spends $100 to obtain a similar job that pays $450 per week for a year.Ilsa is entitled to recover

Barbara and Johann are parties to a contract.They agree on a novation.The novation requires

Objective impossibility discharges a contract.

A liquidated damages provision is the same thing as a penalty provision.

Juan and Isidro enter into a contract to buy,restore and reopen the Coastal Park Carousel.Before either party begins to perform,they agree to cancel their deal.This is

Sonny agrees to buy a unique collection of Olympics memorabilia for $7,000 from Jana and sends $1,500 as a down payment.When Sonny sends Jana the rest of the price,she refuses to ship the collection.Sonny should seek

Consequential damages are foreseeable damages that arise from a party's breach of a contract.

Rig Heli-Pads,Inc.,enters into a contract to employ Scott as an on-site project manager for two years.If Rig breaches the contract,Scott has a duty to

A novation occurs when there is a substitution,by agreement,of a new contract for an old one,with the rights under the old one being terminated.

Only personal contracts can be discharged by agreement of the parties.

Expenses that are caused directly by a breach of contract-such as those in?curred to obtain performance from another source-are compensatory dam?ages.

A remedy is the relief provided to an innocent contracting party when the other party breaches the contract.

Home Delivery Corporation and Interstate Transport,Inc.,sign an agree?ment that provides for the payment of "$1,000 by whichever party commits a material breach of the contract that creates damages difficult to esti?mate but approximately $1,000." This is

A contract will be discharged if unforeseeable circumstances make it impossible to attain the contract's purpose.

Performance that provides a party with most of the benefits of a con?tract,in spite of a deviation from the terms,is substantial performance.

A novation requires the existence of a previous,valid obligation.

Quasi contracts allow the courts to act as if a contract exists when there is no contract.