Which one of the following does not terminate a contract?
A) Twain had contracted to build a model of a proposed building for architects who were to meet with their clients today, March 10. The model was destroyed last night when a car left the road and crashed into the workshop and destroyed the model.
B) When Ben's new car is delivered, the seats are vinyl rather than cloth as ordered.
C) The buyer and seller agree orally to cancel their contract when neither one has performed his obligations under it.
D) Fred no longer wants to honour his contract to sell Mitra his printer but tells Mitra he'd substitute a $500 boat. Mitra agrees.
E) Minnie and Mickey agree that Minnie will take less than the amount Mickey owes, as full payment of the debt, and Mickey will pay her two days early.

Question

Quizplus · Accepted Answer

A mistake in performance (such as the wrong material used for car seats) may give rise to a breach of contract, but it does not necessarily terminate the contract. The other options either involve destruction of the subject matter of the contract (A), mutual agreement to cancel the contract (C), substitution of a new agreement (D), or early performance (E), all of which can terminate the original contract.

Which One of the Following Does Not Terminate a Contract