Lon enters into a contract to mine limestone in Mica's quarry,sell it,and share the profits on its sale with Mica.If the duties under this contract are discharged like those under most contracts,the duties will be

Question

Quizplus · Accepted Answer

The duties under the contract between Lon and Mica involve mining limestone, selling it, and sharing profits. These duties are expected to be performed by both parties. The contract does not have any specific condition attached to it, nor does it allow for rescission or termination unless there is a breach of obligations. Therefore, the best choice is option C-performed.

Lon Enters into a Contract to Mine Limestone in Mica's