When a party fails to perform under the terms of the contract without a legally justifiable reason,the party is said to be in breach of the contract.
Correct Answer:
Verified
Q31: Strict performance is a standard of performance
Q32: An integrated agreement means that any statements
Q33: A liquidated damages clause allows parties to
Q34: A material breach in a service contract
Q35: An equitable remedy cannot substitute for consideration
Q37: In a common-law contract,if consideration does not
Q38: Performance to the standard of personal satisfaction
Q39: Exculpatory clauses are frequently employed when risk
Q40: Bankruptcy discharge is a permanent legal excuse
Q41: In common law,_ gives the power of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents