Asked by
Keara Freeman
on Nov 27, 2024Verified
A contract promise that is absolute must be performed, or the party who made the promise will be in breach.
Absolute Promise
A commitment or guarantee that is unconditional and without any limitations or qualifications.
Breach
A violation or infringement of a law, obligation, tie, or standard.
- Acquire knowledge on the ideas of complete, substantial, and presented performance in the setting of a contract.
- Distinguish between various ways in which a contract can be discharged and recognize their implications.
Verified Answer
BW
Learning Objectives
- Acquire knowledge on the ideas of complete, substantial, and presented performance in the setting of a contract.
- Distinguish between various ways in which a contract can be discharged and recognize their implications.
Related questions
When a Lapse of Time and a Change in Circumstances ...
There Is No Difference Between Complete and Substantial Performance
There Is Only One Way to Discharge a Contract-All Parties ...
To Provide a Point at Which Contracting Parties Can Know ...
Any Breach Discharges the Breaching Party from the Contract