QUESTION 29

1. Which of the following is true regarding breach of contract?
2. A.Money damage awards are one of the ways the law provides to compensate the nonbreaching party for losses suffered.
3. B.In cases where the breach is partial, the nonbreaching party may not recover damages related to the breach.
4. C.In cases where the breach is partial, the nonbreaching party is discharged from his obligations completely.
5. D.In cases where the breach is partial, the nonbreaching party is entitled to suspend performance.

QUESTION 30

Suppose that on December 15, 2020, Manager Yang enters into an agreement with Consultant Anderson to provide consulting services for a period of six months to begin on January 2, 2021. On December 20, 2020, Manager Yang is instructed by upper management to cut costs, so he contacts Consultant Anderson the same day by the following e-mail: "Dear Consultant Anderson: We don't require your services. Sorry.Manager Yang." As of December 20, 2020, Manager Yang has __________ the contract with Consultant Anderson.

1. A.repudiated
2. B.conditionally breached
3. C.anticipatorily repudiated
4. D.executed

QUESTION 31

In what way do legal remedies and equitable remedies differ? Give examples of each.

QUESTION 32

You have just purchased a new car. After driving the car for a few days, you go through a puddle of water while turning through an intersection. The water splashes up and your power steering momentarily stops operating. You lose control and run into a car parked along the road. You read in the paper the next day that the power-steering problem has occurred with this model car before and a recall is being considered. If you sue the manufacturer, what are the theories (or basis) of product liability you may sue under and how do they differ?