How Contracts Come to an End - Chapter 6 (BUSLAW)

Front

The destruction of the subject matter needed to perform the contract, through no fault of either party, discharges that contract.

Back

True

Front

The court will not rule on when a contract must be completed if time for performance is unspecified.

Back

False

Front

A legal means for enforcing a right or correcting a wrong is called a remedy.

Back

True

Front

The doctrine of substantial performance is often applied to construction contracts.

Back

True

Front

When actual physical force is used to cause another person to enter a contract, the contract is void.

Back

True

Front

Can a person win a lawsuit for fraud if no loss is suffered?

Back

False

Front

Do you have a right to sue a person who breaches a contract made with you?

Back

True

Front

Is ending a contract by mutual release allowed by law?

Back

False

Front

Threats of a business nature that cause a person to enter into a contract without real consent would qualify as: undue influence, duress, economic duress, fraud

Back

economic duress

Front

The legal transfer of a right under contract is called a(n):

Back

assignment