Exam 17: Performance and Discharge
Exam 1: Introduction to Law and Legal Reasoning83 Questions
Exam 2: Courts and Alternative Dispute Resolution83 Questions
Exam 3: Court Procedures84 Questions
Exam 4: Constitutional Authority to Regulate Business84 Questions
Exam 15: The Statute of Fraudswriting Requirements84 Questions
Exam 5: Ethics and Business Decision Making84 Questions
Exam 6: Intentional Torts83 Questions
Exam 7: Negligence and Strict Liability84 Questions
Exam 8: Intellectual Property and Internet Law84 Questions
Exam 9: Criminal Law and Cyber Crimes84 Questions
Exam 10: Nature and Terminology84 Questions
Exam 11: Agreement83 Questions
Exam 12: Consideration84 Questions
Exam 13: Capacity and Legality84 Questions
Exam 14: Mistakes, Fraud, and Voluntary Consent84 Questions
Exam 16: Third Party Rights84 Questions
Exam 17: Performance and Discharge84 Questions
Exam 18: Breach of Contract and Remedies84 Questions
Exam 19: E-Contracts and E-Signatures84 Questions
Exam 20: The Formation of Sales and Lease Contracts84 Questions
Exam 21: Title, Risk, and Insurable Interest84 Questions
Exam 22: Performance Breach of Sales Lease Contracts84 Questions
Exam 23: Warranties and Product Liability84 Questions
Exam 24: The Function Creation of Negotiable Instruments84 Questions
Exam 25: Transferability and Holder in Due Course84 Questions
Exam 26: Liability, Defenses, and Discharge84 Questions
Exam 27: Checks, the Banking System, and E-Money84 Questions
Exam 28: Creditors Rights and Remedies84 Questions
Exam 29: Secured Transactions84 Questions
Exam 30: Bankruptcy Law83 Questions
Exam 31: Agency Formation and Duties84 Questions
Exam 32: Liability to Third Parties and Termination84 Questions
Exam 33: Employment and Labor Law84 Questions
Exam 34: Employment Discrimination84 Questions
Exam 35: Sole Proprietorships and Franchises84 Questions
Exam 36: Partnerships and Limited Liability Partnerships84 Questions
Exam 37: Limited Liability Companies Special Business Forms84 Questions
Exam 38: Corporationsformation and Financing84 Questions
Exam 40: Corporationsmerger, Consolidation, Termination84 Questions
Exam 41: Corporationssecurities Law Corporate Governance84 Questions
Exam 42: Law for Small Businesses84 Questions
Exam 43: Administrative Law84 Questions
Exam 44: Consumer Law84 Questions
Exam 45: Environmental Law84 Questions
Exam 46: Antitrust Law84 Questions
Exam 47: Personal Property and Bailments84 Questions
Exam 48: Real Property and Landlord-Tenant Relationships84 Questions
Exam 49: Insurance84 Questions
Exam 50: Wills and Trusts84 Questions
Exam 51: Professional Liaility and Accountability84 Questions
Exam 52: International Law in a Global Economy84 Questions
Exam 53: Legal and Ethical Issues in Business12 Questions
Exam 54: Legal Issues11 Questions
Exam 55: Contracts and Business Law14 Questions
Exam 56: Contracts and Liability6 Questions
Exam 57: Banking and Payment Systems8 Questions
Exam 58: Loan Security and Repossession in Credit Transactions4 Questions
Exam 59: Employment Law and Ethics8 Questions
Exam 60: Legal Issues in Corporate Governance and Business Operations10 Questions
Exam 61: Legal and Ethical Issues in Environmental Protection and Consumer Rights6 Questions
Exam 62: Legal Issues in Property and Land Use4 Questions
Exam 63: Accounting and Ethics6 Questions
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A contract will be discharged if foreseeable circumstances make it impossible to attain the contract's purpose.
(True/False)
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Belle enters into a contract to subdivide and sell housing lots in Cole's hillside field if Dell City annexes the property within the next year. Belle's duty to perform is
(Multiple Choice)
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If a contract condition is not satisfied, the obligations of the contracting parties are discharged.
(True/False)
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Fact Pattern 17-A2
Eve, who owns and operates Eve's Garden, agrees to sell Fresh Produce Company ten bush?els of apples.
-Refer to Fact Pattern 17-A2. Through no fault of Eve's Garden, a fire de?stroys the apples before they are delivered. This circumstance
(Multiple Choice)
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(31)
Roy and Sheila are parties to a contract. They subse?quently agree that Tony should take Roy's place and assume all of his rights and duties under the contract. This is
(Multiple Choice)
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A contract that involves mechanical fitness is a contract in which per?formance must per?sonally satisfy the party to whom per?formance is owed.
(True/False)
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Flo agrees to work as Gary's personal accountant for one year but dies in the sixth month of the contract. Flo's estate
(Multiple Choice)
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Safe-T Guard Services enters into a contract to secure Taylor's Business Park from vandalism and theft between 6 p.m. and 6a.m. nightly for six months. At the end of the term, if there has been no vandalism or theft in the Park, Safe-T's performance will have been
(Multiple Choice)
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A party who substantially performs his or her duties under a con?tract can enforce the contract against the other party.
(True/False)
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Fact Pattern 17-A2
Eve, who owns and operates Eve's Garden, agrees to sell Fresh Produce Company ten bush?els of apples.
-Refer to Fact Pattern 17-A2. Eve dies before the apples are delivered to Fresh Produce. This circumstance
(Multiple Choice)
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Fact Pattern 17-A2
Eve, who owns and operates Eve's Garden, agrees to sell Fresh Produce Company ten bush?els of apples.
-Mona and Nero want to discharge their contract by executing and per?forming a new agreement. They can best accomplish this by
(Multiple Choice)
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Elin contracts to buy six cases of vintage Fertile Valley wine from Grapes & Vines Winery for $1,200. The contract states that delivery is to be made at Elin's residence "on or before May 1, to be used for daughter's wedding reception on May 2." On May 1, Grapes & Vines's delivery van is involved in an accident, and no wine is delivered that day. On the morning of May 2, Elin buys the wine from Happy Hill Winery. That afternoon, just before the reception, Grapes & Vines tenders delivery of the wine at Elin's residence. Elin refuses tender. Grapes & Vines sues Elin for breach of contract. How is the court most likely to rule?
(Essay)
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Conditions subsequent are more common than conditions precedent.
(True/False)
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Contracts that are executory on both sides can be rescinded by agreement.
(True/False)
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An event must be certain to occur to constitute a contractual condition.
(True/False)
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Concurrent conditions occur only when the parties to a contract are re?quired to per?form their respective duties simultaneously.
(True/False)
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