Substantial performance does not apply to contracts calling for payment of money.

Question

Quizplus · Accepted Answer

Substantial performance applies to contracts involving the delivery of services or construction, where a party has completed the major obligations to such an extent that the purpose of the contract is fulfilled, even if some minor details are unfinished. It does not apply to contracts solely for the payment of money, where the exact amount must be paid in full.

Substantial Performance Does Not Apply to Contracts Calling for Payment