Substantial performance occurs ________
A) when most of the material elements of a contract are satisfied
B) when all the material elements of a contract are satisfied, even if some nonmaterial requirements may not be satisfied
C) when there is complete and perfect performance
D) when the goods are accepted by the buyer/lessee
E) once the seller/lessor starts to perform

Question

Quizplus · Accepted Answer

Substantial performance occurs when all the material elements of a contract are satisfied, even if some nonmaterial requirements may not be satisfied. This means the essential duties have been performed but there may be minor issues that don't necessarily void the contract's validity.

Substantial Performance Occurs ________