Multiple Choice
Best Construction,Inc.,contracts to build a store for Cheesy Pizza Company,with Cheesy's payment due on June 1.On June 1,Cheesy's bank is closed,and for this reason,Cheesy claims it cannot pay Best on time.In this situation
A) Cheesy's bank is in breach of contract.
B) Cheesy is in breach of contract.
C) the contract is discharged.
D) the contract is suspended.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Kip sells an apartment building to Lacy
Q10: Any breach of contract discharges the breaching
Q11: A discharge in bankruptcy will ordinarily bar
Q11: Even-Bilt Construction contracts to build a warehouse
Q13: Solid Toolmakers,Inc.,contracts to sell its business to
Q30: Anticipatory repudiation discharges a contract.
Q35: Complete performance occurs when conditions in a
Q36: Most contracts are discharged by rescission.
Q46: A contract is substantially performed when performance
Q83: A party normally satisfies its duties under