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True or False 16. An offer that can be accepted simply by a promise to perform does not create a binding contract. Answer #16: 17.

True or False

16. An offer that can be accepted simply by a promise to perform does not create a binding contract. Answer #16:

17. In all cases, the nonbreaching party must wait until the scheduled time for performance has passed before filing suit. Answer #17:

18. An accord and its satisfaction do not discharge an original contractual obligation. Answer #18:

19. Bob and Mary enter into a contract. A clause in that contract states that, if Bob breaches the contract he must pay Mary $10,000. Because this a clause in a contract between two parties, a judge cannot legally alter this clause under any circumstances. Answer #19:

20. A threat to exercise a legal right to sue someone ordinarily constitutes duress. Answer #20:

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