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A) Burley agrees to lease his boat to Sam for the upcoming weekend. Sam agrees to pay $1500 to Burley for 2 days with pick

A) Burley agrees to lease his boat to Sam for the upcoming weekend. Sam agrees to pay $1500 to Burley for 2 days with pick up on Friday afternoon. On Thursday, the boat catches fire. A __________ is a future, uncertain event that discharges the duty to perform.

1)condition subsequent

2) concurrent condition

3) condition precedent

4) constructive condition

B) Gayle agrees to pay Pat $1,000 for painting her house "on condition that" Pat finish the job no later than October 1, 2019. Which of the following statements is false?

1) If Pat does not finish the job by October 1, 2019, he will have breached the contract.

2) If Pat does not finish the job by October 1, 2019, he is not discharged from performing.

3) Gayle does not have a duty to pay the contract price.

4) A standard of strict or complete performance would be applied to Pat's performance.

C) In the case in the text, Harrison v. Family Home Builders, LLC, 84 So. 3d 879 (Ala. Ct. App. 2011), the court held that:

1)FHB was entitled to a reasonable time to perform the contract.

2) FHB failed to render substantial performance of the contract.

3) FHB failed to perform the work in accordance with the plans and specifications provided by the Harrisons.

4) FHB failed to perform the work in a workmanlike manner.

D) Christy took her 12 year old daughter Aubrey to play laser tag with her friends. Christy, as Aubrey's mom, had to sign an agreement and release of liability in order for Aubrey to be able to play. The relinquishment of rights by a party in a contract is called a(n):

1) waiver.

2) reliance interest.

3) impossibility.

4) rescission.

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