Restoration, Inc., enters into a contract to refurbish a train depot for Dining, Inc., to open as Whistle Stop. If Restoration completes most of the work promised in the contract, its performance will be
A) absolute.
B) complete.
C) material.
D) substantial.

Question

Restoration, Inc., enters into a contract to refurbish a train depot for Dining, Inc., to open as Whistle Stop. If Restoration completes most of the work promised in the contract, its performance will be​
A) ​absolute.
B) ​complete.
C) ​material.
D) ​substantial.

Quizplus · Accepted Answer

Substantial performance refers to a situation in which a party has completed most of the work promised in a contract, but there may be minor defects or omissions. This would apply if Restoration completed most, but not necessarily all, of the work promised in the contract for refurbishing the train depot for Dining, Inc.