Discharge from Contract

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Business, Social Studies
•
University
•
Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to completely perform a contractual obligation?
Fulfilling all necessary activities under the contract
Completing parts of a divisible contract
Performing only minor aspects of the contract
Attempting to perform but being rejected
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is substantial performance different from complete performance?
It involves attempting to perform but being rejected
It involves fulfilling material aspects minus minor details
It involves fulfilling all obligations
It involves completing parts of a divisible contract
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens if a party tenders performance and it is rejected?
The party is relieved from their duty to perform
The party must continue to perform
The party must renegotiate the contract
The contract is automatically void
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a divisible contract?
A contract that is void if one part is not completed
A contract that cannot be divided into parts
A contract with multiple independent parts
A contract that requires complete performance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which doctrine can relieve a party from performance due to impossibility?
Doctrine of Fairness
Doctrine of Substantial Performance
Doctrine of Complete Performance
Doctrine of Tender Performance
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