Which of the following is true with regard to ending a contract by performance, agreement, or breach?
A) A person has legally tendered performance if he pays a $500 debt in 25-cent coins.
B) If one party to the contract has paid for a service, but now the other doesn't want to perform, the contract is ended by agreement as long as they both agree to call it off.
C) A contract ends by agreement when the parties include in the contract a "condition subsequent," i.e., a clause that says the contract will end upon the happening of a specified future event that then takes place.
D) If a person properly tenders performance of a service that is rejected by the other party, he is required to try again and again.
E) A contract can be ended by breach if there was a either a breach of condition or a breach of warranty.
Correct Answer:
Verified
Q5: In which one of the following instances
Q6: Which of the following statements is correct
Q7: On the February 1, Smyth contracted to
Q8: Which of the following is true with
Q9: Gill, a wholesale fish seller, agreed to
Q11: Ellis agreed to paint Lee's house for
Q12: Which of the following is true with
Q13: When an anticipatory breach has taken place
Q14: Smedlap, a trucker, and Dewdney, a farmer,
Q15: A contract is terminated by agreement in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents