Question: In most bilateral contracts, 1.exact performance is required to avoid any liability for breach. 2.it is not important to determine when a party has properly

In most bilateral contracts,

1.exact performance is required to avoid any liability for breach.

2.it is not important to determine when a party has properly performed its obligations under the contract.

3.substantial performance has no effect on full performance.

4.one party must complete its obligations prior to the other side performing its obligations.

5.obligations are performed simultaneously.

Which one is correct?

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