34- A material breach of contract is when a party renders less than substantial performance. True Or false 35- When a time for performance is set forth in a contract, then performance must be completed by that time or within a reasonable period of time thereafter unless time is stated to be "of the essence.". True Or False 36- Compensatory damages for breach of contract include damages caused by emotional suffering. True Or False 37- Reformation is an equitable remedy for breach of contract that is used to correct an error in a written contract. True Or False 38- Specific performance is a judicial remedy whereby the court orders a party to perform a contract. True Or False 39- Punitive damages are not available in breach of contract cases. True Or False 40- party. Recession of a contract is a type of equitable remedy that might be available to a party. True Or False