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Dynamic Business Law Study Set 1
Quiz 20: Discharge and Remedies
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Question 21
Multiple Choice
What is the key difference between an express and an implied condition?
Question 22
Multiple Choice
Carrie and Peter enter into a contract in which Carrie agrees to wash Peter's car once a week as long as Peter tutors Carrie's son in math and Peter never comes home with a grade below B+. This is an example of which type of conditional contract?
Question 23
Multiple Choice
Conditions that are not explicitly stated, but are inferred from the nature and language of the contract, are known as ________ conditions.
Question 24
Multiple Choice
When all aspects of the parties' duties under the contract are executed perfectly, which of the following occurs?
Question 25
Multiple Choice
Yolef and Stacia enter into a contract for Stacia to cook a meal for Yolef and Yolef to pay Stacia $50. Yolef shows up at Stacia's house with $100. Yolef's actions are an example of ________.
Question 26
Multiple Choice
Paula puts a clause in her contract with Raul that says if he fails to pay rent in the future, he must move out of her apartment immediately. This is an example of a condition ________.
Question 27
Multiple Choice
An offer of performance is known as ________ when parties offer to perform and are ready, willing, and able to perform.
Question 28
Multiple Choice
How do parties generally discharge their obligations in most situations where there is a contract?
Question 29
Multiple Choice
Yolef and Stacia enter into a contract for Stacia to cook a meal for Yolef and Yolef to pay Stacia $50. Yolef shows up at Stacia's house with $100 and hands it to Stacia. Stacia refuses to accept the money. Yolef has:
Question 30
Multiple Choice
When each party's performance is conditioned on the performance of the other, which of the following conditions occur?
Question 31
Multiple Choice
Laura explicitly states in her contract that she will sing every day of the week, except for holidays, for the local opera provided that she is paid weekly. This type of a condition is known as a(n) ________ condition in the contract?
Question 32
Multiple Choice
Alexandra and Tomas enter into a contract in which Tomas agrees to install a new door for Alexandra and to install a new silver doorknob. Tomas installs the door, but silver doorknobs are out of stock so he finds a chrome knob that he believes looks silver and he installs it. Which of the following describes Tomas' performance of his duties?
Question 33
Multiple Choice
Carrie and Peter enter into a contract in which Carrie agrees to wash Peter's car as long as Peter tutors Carrie's son in math during the entire time Carrie is washing the car. This is an example of which type of conditional contract?
Question 34
Multiple Choice
Carrie and Peter enter into a contract in which Carrie agrees to wash Peter's car if Peter tutors her son in math and her son gets at least a B+. This is an example of which type of conditional contract?
Question 35
Multiple Choice
Nelda receives a contract for a job at a law firm on the condition that she passes the bar exam. This is known as a condition ________.
Question 36
Multiple Choice
What is the difference between performance and tender?
Question 37
Multiple Choice
Juan and Carlos enter into a contract which states: "Carlos will paint Juan's bedroom in Juan's house white and Juan promises to pay Carlos $100 upon completion." Which of the following is an example of an implied condition?