The obligations under a contract can be discharged when both parties satisfactorily perform the terms of the contract Which of the following will not constitute proper performance Question 1 8 Answer a When a condition is breached in some minor inconsequential way b Exact performance c Substantial performance d When failure to perform involves a condition e When failure to perform involves a warranty

The Answer is in the image, click to view ...

Question: The obligations under a contract can be discharged when both parties satisfactorily perform the terms of the contract. Which of the following will not constitute

The obligations under a contract can be discharged when both parties satisfactorily perform the terms of the contract. Which of the following will not constitute proper performance?

Question

18

Answer

.

When a condition is breached in some minor inconsequential way

.

Exact performance

.

Substantial performance

.

When failure to perform involves a condition

.

When failure to perform involves a warranty

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!

The obligations under a contract can be discharged when both parties satisfactorily perform the terms of the contract. Which of the following will not constitute proper performance? a.Substantial...

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...

(1) Task 1 (Case Summary) (10%): Summarise the case using the format provided in Microsoft Word; Length of the case summary: NOT EXCEEDING 2 PAGES References: Reference your sources of information...

Need answers for this questions posted here: The obligations under a contract can be discharged when both parties satisfactorily perform the terms of the contract. Which of the following will not...

The obligations under a contract can be discharged when both parties satisfactorily perform the terms of the contract. Which of the following will not constitute proper performance? When a condition...

these three are business law questions please answer carefully QUESTION 29 A standard form contract, also known as a contract of adhesion, 1. is a contract where the person has the choice to "take it...

Agency is a relationship in which one person, known as an agent, is authorized by another person for whom she acts, known as a principal, to form contracts with third parties on the principal's...

The obligations under a contract can be discharged when both parties satisfactorily perform the terms of the contract. Which of the following will not constitute proper performance? a.Substantial...

Which statement is an example of first party insurance coverage? 1. You get insurance to provide compensation to any customer who slips and falls in your business's parking lot. 2. You get insurance...

A 5.25% ten-year semi-annual coupon bond newly issued by Qantas Airline (an Australian listed company) for $98.936. The bond has a face value of $100. She planned to hold the bond investment for one...

An unstable robot system is described by the vector differential equation [9] Both state variables are measurable, and so the control signal is set as u(t) = -k(xi + x2). Following the method of...

Management tells us that Arctica plans to keep estimated warranty expense percentages to a minimum next year. Why might management want to keep these percentages low?

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...