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Question 1 1 pts Obligations under a contract are ended when each party has performed or completed their obligations. Group of answer choices false true
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Obligations under a contract are ended when each party has performed or completed their obligations.
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A condition is a minor term of a contract.
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A condition is an essential term of a contract.
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Derrick offered to purchase Perrys vehicle for $ cash, with Perry to deliver the vehicle the next Wednesday, at which time Derrick would pay the $ On the Wednesday, when Perry did not deliver, Derrick went to Perrys home, and found him in his garden. Derrick offered Perry the money, but Perry refused, saying that he had changed his mind, and did not wish to sell his automobile. If Derrick had offered Perry exactly $ in cash, he had made a valid tender of performance.
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A duty of good faith is implied in contract performance.
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Chris, a carpenter, entered into a contract with Doug for the construction of a garage on Dougs property for $ Chris had constructed all of the garage, except the door, when he refused to complete the contract. Chris has substantially performed his part of the agreement, and would be entitled to payment of the contract price, less the amount necessary to finish the building.
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Ken entered into a contract with Chris to haul gravel into his large tandem truck from Chriss gravel pit to a building site some three miles away distant, at $ per load. Before Ken was to begin performance, his truck was destroyed in a serious traffic accident. Ken need not perform the contract as the contract was frustrated by the destruction of the truck.
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In March, Ken entered into an agreement with Bernadette whereby Ken would rent Bernadette his cottage for one week in July. In May earlier that same year, Ken negligently caused significant fire damage to the cottage while roasting marshmallows over a roaring fire in the cottage fireplace. As a result, the cottage was inhabitable for six months. Ken can successfully assert that this agreement is frustrated.
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Marnie fails to deliver any of the fruit pies she had contracted to make for Bennys Bakery. Since this is a breach of a condition of the contract, Benny is released from any obligations he has under the contract, and the contract is at an end.
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Marnie fails to deliver any of the fruit pies she had contracted to make for Bennys Bakery. If Benny really wanted the pies and felt that Marnie would be able to meet her commitments, he could choose to treat the breach of condition as if it were a breach of warranty.
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Marnie fails to deliver any of the fruit pies she had contracted to make for Bennys Bakery. If Benny treated Marnies failure to perform as a breach of warranty, the contract would not end but, to the extent that Marnies breach had caused him injury, she would have to pay Benny damages.
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Antoine, a bush pilot, agrees to ferry an exploration crew from Gamma Oil to a remote part of Alberta in his helicopter, and to retrieve them a month later. Three weeks into the bush, the Gamma team learn through listening to local radio chatter on their shortwave radio that Antoine has sold his helicopter to a pilot in New Brunswick. Antoine is in breach of contract.
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Antoine, a bush pilot, agrees to ferry an exploration crew from Gamma Oil to a remote part of Alberta in his helicopter, and to retrieve them a month later. Three weeks into the bush, the Gamma team learn through listening to local radio chatter on their shortwave radio that Antoine has sold his helicopter to a pilot in New Brunswick. The circumstances indicate express repudiation by Antoine.
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Helen offered to sell her speed touring bicycle to Jane for $ on her return from a twoweek 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
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