Multiple Choice
City Delivery, Inc., enters into a contract to deliver furniture to Damien's house with payment due on July 4. On July 4, Damien's bank is closed, and for this reason, he claims that he cannot pay on time. In this situation
A) the bank is liable for breach.
B) Damien is in breach.
C) the contract is discharged.
D) the contract is suspended.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Gliders LLC and Hang Time Inc. are
Q13: When a lapse of time and a
Q14: Anticipatory repudiation of a contract is treated
Q15: Discharging a contract by executing a new
Q16: Build-It Construction LLC agrees to build a
Q18: Performance becomes commercially impracticable when a foreseeable,
Q19: Under the policy that a contract can
Q20: An accord and its satisfaction do not
Q21: A novation requires the contracting parties to
Q22: Architect LLC enters into a contract with