Chap014 - Chapter 014 : Discharge of Contracts Student: _...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 014 : Discharge of Contracts Student: ___________________________________________________________________________ 1. Contracts may be terminated by alteration. BT: Knowledge PO: 1 True False 2. A contract may provide for its termination after a certain period of time. BT: Knowledge PO: 2 True False 3. A contract termination should be provided when a contract is fulfilled. BT: Knowledge PO: 3 True False 4. A tender of performance is an offer to perform and is considered evidence of willingness to fulfill the terms of a contract. BT: Knowledge PO: 3 True False 5. In a case of impossibility of performance, the contract is considered unenforceable and the parties are discharged. BT: Knowledge PO: 4 True False
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
6. A personal-service contract that does not call for a special skill possessed by the deceased does not excuse performance. BT: Comprehension PO: 4 True False 7. A deliberate change of an important element in a written contract that affects the obligations of the parties is known as a material alteration. BT: Comprehension PO: 5 True False 8. Laws and regulations that increase the cost of performing a contract absolve the parties from their contractual obligations. BT: Knowledge PO: 6 True False 9. A breach of contract results when a party to a contract refuses to perform as required by the contract or performs in an unsatisfactory manner. BT: Knowledge PO: 7 True False 10. A party who announces the intention to break a contract is said to have created an expected breach. BT: Knowledge PO: 7 True False 11. When a party breaches a contract, the injured party has the duty to mitigate the amount of damages. BT: Knowledge PO: 7 True False
Background image of page 2
when the contract requires that the consumer pledge his or her home as a security deposit. BT: Knowledge PO: 8 True False 13. A court order of specific performance prohibits a party from performing a certain act. BT: Knowledge PO: 9 True False 14. A restraining order or injunction is a court order that directs a party to perform as he/she agreed to do. BT: Knowledge PO: 9 True False 15. All of the following are ways of terminating a contract EXCEPT: A. termination by performance. B. termination by agreement. C. termination by impossibility of performance. D. termination at will. 16. The legal term used in a case where a contract has largely been completed, and only small details remain unfinished, is: A. substantially performed. B. mostly performed. C. performed by tender. D. performed by mutual agreement. 17. If a tender of goods or the performance of an act is refused, the person making the offer: A. is subject to suit. B. is relieved of the obligation to perform.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/25/2011 for the course GENB 4350 taught by Professor Louis during the Spring '11 term at Houston Baptist.

Page1 / 16

Chap014 - Chapter 014 : Discharge of Contracts Student: _...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online