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    Business Law and the Regulation of Business Study Set 2
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    Exam 17: Performance Breach and Discharge
  5. Question
    Luke and Grace Have an Executory Contract for the Sale
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Luke and Grace Have an Executory Contract for the Sale

Question 63

Question 63

True/False

Luke and Grace have an executory contract for the sale of some goods. Luke files for bankruptcy and is then discharged by the bankruptcy court. Luke has no obligation to perform under the contract with Grace.

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