Question: True - False Questions Complete performance occurs when a contract's conditions are fully satisfied. A material breach of contract does not discharge the other party's
TrueFalse Questions
Complete performance occurs when a contract's conditions are fully satisfied.
A material breach of contract does not discharge the other party's duty to perform.
An executory contract cannot be rescinded.
Damages compensate a nonbreaching party for the loss of the contract or give a nonbreaching party the
benefit of the contract.
Punitive damages are usually not awarded for a breach of contract.
Liquidated damages are uncertain in amount.
Consequential damages are awarded for foreseeable losses caused by special circumstances beyond the
contract.
Specific performance is available only when damages are also an adequate remedy.
Objective impossibility discharges a contract.
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