Which of the Following Statements Is TRUE

Multiple Choice

Which of the following statements is TRUE?

A) A contract will be discharged on the basis of substantial performance only if the recipient of the incomplete performance agrees to accept monetary damages for the shortfall.
B) A contract will be discharged on the basis of anticipatory breach only if the innocent party chooses to relieve the party in breach of the need to perform the contract and release the defaulting party from claims for damages.
C) An option to terminate can only be exercised by one party if the other party has breached the contract.
D) A true condition subsequent will prevent a contract from being created unless a certain event occurs.
E) A contractual obligation is executory if it has been performed.