Question: C and D enter into a contract for C to sell his motorcycle to D for $ 1 , 0 0 0 . 0 0

C and D enter into a contract for C to sell his motorcycle to D for $1,000.00.C delivers the motorcycle to D and D pays C the $1,000.00, but he pays it in pennies. This is an example of:
complete performance
substantial performance
material breach
C and D enter into a contract for C to sell

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

QUESTION 1 Indicate the most accurate statement: A ) A litigant who is dissatisfied with the outcome of a matter, always has one appeal as of right. B ) A court hearing an appeal from a lower court,...

Q:

C and D enter into a contract in Durban in terms of which C has to deliver goods to Ds business premises in Pretoria. Despite demand, C fails to deliver the goods. C lives in Pietermaritzburg and D...

Q:

C and D enter into a contract in Durban in terms of which C has to deliver goods to Ds business premises in Pretoria. Despite demand, C fails to deliver the goods. C lives in Pietermaritzburg and D...

Q:

Choose the correct answer and explain. Answer number 1-35. Thank you! 1. It is a gratuitous loan of a thing, to be used for a certain time and for a certain purpose, and with the obligation to return...

Q:

15. Which of the following is an example of a lack of intellectual capacity? a. Intoxication b. Immaturity c. Laziness d. Duress 16. A 'contract' is: a. any agreement between two or more persons. b....

Q:

QUESTION 29 Cand G are both merchants. C offers to enter into a contract with G. G accepts but creates additional terms. G's additional terms will become part of the contract unless: a. they...

Q:

1. It is a gratuitous loan of a thing, to be used for a certain time and for a certain purpose, and with the obligation to return the same thing after the time expires or the purpose accomplished. 2...

Q:

16. The following information is provided for Wolf Company Retained earrings Preferred stock, 596, $50 par Organization expense Additional paid-in capital on common stock Additional paid-in capital...

Q:

1 . Sabeka Inc has discovered that one of its products may cause consumers to suffer a certain form of property damage. In response to that risk, the company has written an exclusion clause into its...

Q:

Harvey has never had a motorcycle before but is planning to purchase one to replace his old bicycle. Harvey is most likely set to make a purchase decision. a . straight rebuy b . new task c ....

Q:

Which of the following is the first event to take place in translation in eukaryotes? elongation of the polypeptide Obinding of the larger ribosomal subunit to smaller ribosomal subunits Ocovalent...

Q:

Maize is a product produced in a district called Adwensa. Producers in the area are able to switch back and forth between maize and wheat production depending on market conditions. As a result the...

Q:

Refer to the 2 0 2 3 individual rate schedules in ARRendix C . Required: a . What are the tax liability, the marginal tax rate, and the average tax rate for a married couple filing jointly with $ 6 2...

Q:

Multiple-Choice Exercise 4-4 (Algorithmic) Which of the following is not one of the five categories of control activities? Oa. Adequate documents and records Ob. Checks on amounts recorded in the...