Exam 17: Performance and Discharge

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Candy enters into a contract to pay Dino for a business survey and review of Candy's competitors, which Dino agrees to deliver by July 1. Candy's offer, on the specified date, to pay Dino is

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Building Restoration, Inc. (BRI), enters into a contract to refurbish an old train depot for Casual Dining, Inc., to open as Eat Up Restaurant. If BRI completes most of the work promised in the contract, its performance will be

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A party normally satisfies its duties under a contract by novation.

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A contract is substantially performed when performance creates sub?stan?tially the same benefits as those promised in the contract.

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