Which of the following statements is true of a breach of contract?
A)Strict performance by a party discharges that party's obligations under the contract.
B)Inferior performance constitutes a minor breach of contract.
C)Substantial performance constitutes a material breach.
D)The most common remedy for a breach of contract is an award of equitable remedies.

Question

Quizplus · Accepted Answer

Strict performance by a party fulfills their contractual obligations, thus discharging them from further duties under the contract.

Which of the Following Statements Is True of a Breach