1.Helen offered to sell her 10-speed touring bicycle to Jane for $200 on her return from a two-week bicycle trip to a distant city. At the end of the first week, Jane received a long distance telephone call from Helen, in which Helen advised Jane that she had decided not to sell the bicycle on her return. Jane was disappointed as a similar bicycle on the market would cost her at least $250. She decided to wait until Helen returned then urge her to go through with the sale. Before Helen reached home, her bicycle was stolen and never found. Helen's decision not to proceed with the sale was an express repudiation of the contract.

True or False

2.When one party has performed almost all their obligations under the contract, substantial performance may end the contract.

True, False