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Matching

Question 6

Matching

Matching:

Premises:
A new contract in substitution of an old one.
Commercial method of impossibility of performance.
A condition that occurs at the same time.
Completion of obligations to a contract.
Condition that qualifies promise after contractual obligation.
Condition that qualifies promise before contractual obligation occurs.
Time period to file a lawsuit.
Failure to perform contractual obligations.
Voluntary agreement to terminate contractual obligations.
Contract to settle claims and disputes.
Responses:
concurrent
impracticability
statute of limitations
rescission
condition subsequent
accord and satisfaction
novation
breach
performance
condition precedent

Correct Answer:

A new contract in substitution of an old one.
Commercial method of impossibility of performance.
A condition that occurs at the same time.
Completion of obligations to a contract.
Condition that qualifies promise after contractual obligation.
Condition that qualifies promise before contractual obligation occurs.
Time period to file a lawsuit.
Failure to perform contractual obligations.
Voluntary agreement to terminate contractual obligations.
Contract to settle claims and disputes.
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