S25TH - Contracts - Discharge and Damages
12th Grade
•46 Qs
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S25TH - Contracts - Discharge and Damages
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Easy
+27
Standards-aligned
Dean Kuckelman
Used 6+ times
FREE Resource
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46 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False. Most contracts end when they are breached by one of the parties.
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False. A "material breach" is when the parties don’t perform everything that they agreed to in the contract, but did substantially perform what they agreed to do under the contract.
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False. Where one party substantially performs their contract obligations, the other party will be required to perform their duties under the contract, but with adjustments to compensate them for the failure to fully perform the contract.
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False. If one party to the contract commits a material breach, the other party has no obligation to perform the contract - their obligations are discharged by the other party’s breach.
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False. If one of the parties makes it clear that they will not perform the contract, the other party can declare the contract breached, and stop performing their obligations under the contract.
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Article 2 of the UCC applies to:
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Promises by the seller of goods can create:
Tags
CCSS.RI.11-12.7
CCSS.RI.8.7
CCSS.RI.9-10.7
CCSS.RL.11-12.7
CCSS.RL.9-10.7
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