_____ is a standard of performance in a contract that means that the performance under the contract is scrutinized subjectively,either by a party to the contract or by a third-party beneficiary specified in the contract.
A)Reasonable person standard
B)Substantial performance standard
C)Personal satisfaction standard
D)Tender of performance
E)Strict standard of performance

Question

Quizplus · Accepted Answer

The personal satisfaction standard is a subjective standard of performance in a contract, where the performance is scrutinized subjectively by either a party to the contract or by a third-party beneficiary specified in the contract. The focus is on the personal satisfaction of the person evaluating the performance, rather than on a more objective standard such as reasonable person or strict performance.

_____ Is a Standard of Performance in a Contract That