LGL 152: Contracts & Torts for Paralegals week 7

What occurs when one party to a contract fails or refuses to fulfil his or her obligations under the contract?

• Breach of contract

• Anticipatory repudiation

• Specific performance

• Discharge of contract

Which term describes a breach that is implied by conduct or words of the other party before performance is due?

• Implied repudiation

• Express repudiation

• Fundamental breach

• Condition breach

What is the usual remedy in the event of a breach of contract?

• Rescission

• Specific performance

• Damages

• Injunction

Which type of damages are based on loss of expected profits?

• Consequential damages

• Nominal damages

• Liquidated damages

• Expectation damages

What must the injured party do to minimize losses after a breach of contract?

• Seek an injunction

• Mitigation

• Claim punitive damages

• Rescission

Which remedy involves the cancellation or nullification of a contract?

• Restitution

• Rescission

• Discharge

• Quantum meruit

What is the legal effect of a 'condition' being breached in a contract?

• Minor inconvenience

• Partial benefit loss

• No effect

• Complete benefit loss

Which remedy is described as 'As much as deserved'?

• Specific performance

• Quantum meruit

• Compensatory damages

• Punitive damages

What is the primary goal of awarding damages in a breach of contract?

• To terminate the contract

• To enrich the injured party

• To restore the injured party to the position they would have been in had the contract been performed

• To punish the breaching party

Which type of injunction is temporary and granted before the outcome of a lawsuit is determined?

• Mandatory injunction

• Permanent injunction

• Interlocutory injunction

• Prohibitory injunction