Worksheets2.02 Business Law
Total questions: 11
Worksheet time: 6mins
A world-famous artist dies suddenly before finishing several
projects. How will all of the artist’s contracts be discharged?
Accord and satisfaction
Impossibility of performance
Mutual release
Mutual release
Steve has contracted with Greg to purchase Greg’s riding
lawnmower. After the contract was signed, Greg changed the
price from $150 to $250 without Steve’s knowledge. What
method of termination is this?
Agreement
Impossibility of performance
Operation of law
Performance
Bill transfers his rights to renting his apartment to Bob. How was
the contract transferred?
Assignment
Breach
Delegate
Novation
Nancy has a contract to buy a car from Bryan. Nancy realizes she cannot afford the car. After signing the contract, Bryan wishes he had not contracted to sell the car to Nancy. They both decide to terminate the contract by what method?
Mutual agreement
Impossibility of performance
Operation of law
Performance
Carol has agreed to make Debbie’s prom dress. Debbie has
indicated that she wants her to make the dress, a cape, and
gloves. Carol is pressed for time and forgot to make the gloves. What type of performance has Carol completed?
Satisfactory performance
Substantial performance
Tender of performance
Time of performance
Unable to pay off a $250 contract, Jon wants to change the
contract by giving something worth $250 to Peter. How was the contract discharged?
Accord and satisfaction
Complete performance
Specific performance
Wrongful alteration
An environmental group is suing to stop the clear-cutting of trees by a local developer. What type of remedy will the group request?
Injunction
Money damages
Punitive damages
Specific performance
After agreeing to sell her home to Jack, Lila refuses to turn over the paperwork due to a better offer from Sam. Since the home is unique, Jack needs to sue for what type of damages?
Money damages
Nominal damages
Punitive damages
Specific performance
Amber transfers her duty of cleaning Julie’s house to Roxanne. However, Amber is still responsible for the job. How was the contract transferred?
Assignment
Breach
Delegate
Novation
Monica has a contract with Fred’s Landscape Service to mulch her yard. After the job is finished, the contract is discharged by what method?
Complete performance
Operation of law
Substantial performance
Specific performance
A 40-story building is completed on time but has a slightly
different tile floor in one room than required by the contract.How was the contract discharged?
Complete
Substantial
Tender of performance
Wrongful alteration
