Asked by
Raelin Hutchinson
on Nov 10, 2024
Verified
The case of Sail Labrador Ltd. v. Challenger One (The) involved an option to purchase and a breach of a contract that was inconsequential and immediately corrected. What did the Supreme Court of Canada hold?
A) The contract had been substantially performed and the option was still available.
B) The breach, although minor, rendered the contract unenforceable.
C) The breach, although minor, rendered the contract voidable at the option of the non-breaching party.
D) The contract had not been perfectly performed, so the contract was void.
E) No breach can be considered inconsequential at law.
Substantial Performance
Performance of a contract in all but a minor aspect of it.
Supreme Court
The highest court in a country or jurisdiction, often having the final say in matters of constitutional and federal law.
Voidable
Referring to a contract or transaction that may be declared invalid by one party, typically due to factors like misrepresentation or undue influence.
- Distinguish between different scenarios that lead to the discharge of contracts, including frustration and performance.
- Understand the principles surrounding substantial performance and the conditions precedent and subsequent in contract law.
Verified Answer
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Learning Objectives
- Distinguish between different scenarios that lead to the discharge of contracts, including frustration and performance.
- Understand the principles surrounding substantial performance and the conditions precedent and subsequent in contract law.