Question: Substantial performance: a . means the performance must not vary greatly from the performance promised b . means the performance is not perfect and performing

Substantial performance:
a. means the performance must not vary greatly from the performance promised
b. means the performance is not perfect and performing party may sue for damages
c. must be made in good faith
d. all of these answers are correct

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:

The legal principle of stare decisis causes judges to: abide by, or adhere to, decided cases. stare blankly when delivering verdicts. rely on his or her own judgment and experience. prepare a...

Q:

Argonaut has to account for the acquisition of 100% of the shares of Moe's Lawn Care Limited (MLC) in Argonaut's June 30, 20X9, financial statements, even though MLC's numbers might be subject to...

Q:

FAA APARTMENT LEASE CONTRACT NAA NATIONAL APARTMENT ASSOCIATION Date of Lease Contract: (when the Lease Contract is filled out) This is a binding document. Read carefully before signing. Moving In -...

Q:

Substantial performance: a . means the performance must not vary greatly from the performance promised b . means the performance is not perfect and performing party may sue for damages c . must be...

Q:

Substantial performance: a . means the performance must not vary greatly from the performance promised b . means the performance is not perfect and performing party may sue for damages c . must be...

Q:

Question 1 0 4 pts A contract may be substantially performed. What is required for a performance to qualify as substantial? Choose three answers. The performance must not vary greatly from the...

Q:

TRUE/FALSE ___1. An agency relationship is not a fiduciary relationship. ___2. If a contract involves a sale of goods of $500 or more and services, the primary purpose of the contract (is it...

Q:

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Q:

In most bilateral contracts, exact performance is required to avoid any liability for breach. one party must complete its obligations prior to the other side performing its obligations. substantial...

Q:

1.What source of law is considered primary: a.Compilations of law b.Legal encyclopedia c.Common law doctrines d.Legal treatises 2.What is the purpose of the uniform commercial code? a.Establish the...

Q:

Use an appropriate statistical test to test if there is sufficient evidence to believe that the population mean carbohydrate is different for different food types. Include all the steps (except for...

Q:

You can take the density and viscosity of water as 1000 kg/m and 1.0 x 10 kg/m.s, respectively. Also, g=9.81 m/s = 32.2 ft/s. If other values are needed for the solutions of the problems, you must...

Q:

Question 5 Medicare has all the following features EXCEPT it is not true that you are covered for care in a foreign country. may have to pay billing differences. can reduce risk with supplemental...

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...