CHAPTER 17: PERFORMANCE AND DISCHARGE 1676.A buyer’s duty to pay becomes absolute once a contract is formed.
PAGE:325TYPE:=7.A party normally satisfies its duties under a contract by actualperformance.
PAGE:325TYPE:=8.Complete performance occurs when conditions in a contract are fullysatisfied.
PAGE:326TYPE:=9.Performance that provides a party with the essential benefits of acontract, in spite of any deviation from the terms, is substantialperformance.
PAGE:326TYPE:=10.An intentional variation from a contract prevents substantial per-formance.
PAGE:326TYPE:+11.If a contract requires performance to the personal satisfaction of aparty, the party to be satisfied must act honestly and in good faith.
PAGE:328TYPE:=12.Anything less than complete performance is a material breach ofcontract.
PAGE:328TYPE:=13.Any breach discharges the nonbreaching party from the contract.
PAGE:328TYPE:=14.Any breach allows the nonbreaching party to cancel the contract.