Poole Contractors makes a contract with Delta Resources to pay $50,000 for the supply of 500 truckloads of sand within a week. Delta Resources delivers the sand two days after the contract was made, and Poole Contractors pays it $50,000 promised in the contract. This is an instance of ________.
A) substantial performance
B) material breach
C) minor breach
D) strict performance

Question

Quizplus · Accepted Answer

Delta Resources fulfilled the contract exactly as agreed by delivering the 500 truckloads of sand within the specified time frame and receiving the agreed payment of $50,000. This is an example of strict performance, where the obligations are performed precisely as the contract stipulates, without any deviations.

Poole Contractors Makes a Contract with Delta Resources to Pay