Question
1a) Which of the following may not result in discharge of a contract by operation of law? Multiple Choice Alteration of the contract Bankruptcy Mutual
1a) Which of the following may not result in discharge of a contract by operation of law?
Multiple Choice
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Alteration of the contract
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Bankruptcy
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Mutual rescission
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Objective impossibility of performance
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Frustration of purpose
1b) Why did equitable remedies come into being?
Multiple Choice
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To fashion remedies when existing laws did not provide adequate ones
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To fashion substitute remedies for established and adequate legal remedies
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To provide a means by which to award nominal damages
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To provide a means by which to award consequential damages
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To provide a means by which to award liquidated damages
1c) Remedies are generally classified as _____.
Multiple Choice
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putative or non-putative
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punitive or non-punitive
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liquidated or unliquidated
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legal or equitable
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foreseeable or unforeseeable
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