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verified
Multiple Choice
A) material alteration.
B) anticipatory repudiation.
C) nonmaterial breach since the statement is made before December 31.
D) accord.
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verified
Multiple Choice
A) whether Zach will have to pay for the drapes depends upon whether as a reasonable man he ought to be satisfied.
B) the standard applied here is a subjective standard of satisfaction.
C) the doctrine of frustration of purpose applies.
D) the condition of satisfaction is an express condition.
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verified
True/False
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verified
True/False
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verified
Multiple Choice
A) makes the contract unenforceable since Walter's promise is illusory.
B) creates an express condition which must be met before Walter's duty to pay arises.
C) cannot create an express condition because it lacks the necessary words "on condition that."
D) cannot be valid since it makes Walter's duty to pay dependent upon the opinion of a third party.
Correct Answer
verified
True/False
Correct Answer
verified
True/False
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verified
True/False
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verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) Meg's executor must find a capable artist to complete the work to Julio's satisfaction.
B) Meg's contractual duty is discharged due to objective impossibility.
C) A novation must be entered between Julio and a third person in order to discharge Meg's duty under the contract.
D) Meg's contractual duty is discharged due to subjective impossibility.
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verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) an express condition.
B) an implied-in-fact condition.
C) an implied-in-law condition.
D) a condition subsequent.
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verified
True/False
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verified
Essay
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View Answer
Multiple Choice
A) accord
B) mutual rescission
C) material alteration
D) novation
Correct Answer
verified
True/False
Correct Answer
verified
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