Leslie offered to pay Murray $100 a day to show her dog in an upcoming three-day competition.Murray accepted and showed the young male dog,winning best of breed during each day's competition.Leslie paid Murray $300.Which of the following correctly describes the status of their contractual arrangement?

Question

Quizplus · Accepted Answer

The contract has been terminated by performance, meaning that the agreed-upon terms were fulfilled by both parties (Murray showed the dog for three days and Leslie paid him $100 per day for a total of $300). There was no frustration of the contract (the competition was not terminated), no settlement (the $300 payment was part of the agreed-upon terms), and no agreement to terminate the contract early.

Leslie Offered to Pay Murray $100 a Day to Show