Which of the following is true with regard to ending a contract by agreement?
A) A contract can be ended by agreement if one party has performed his obligation and agrees to take something as satisfaction from the other although that other hasn't performed according to the contract.
B) A contract can be ended by one party if he finds a better deal (e.g., by cancelling an order that has been accepted) as long as this is done before performance.
C) A contract cannot be ended by the happening of a "condition subsequent" provided for in the contract.
D) A contract can be ended unilaterally by one party.
E) A contract cannot be ended by agreement if neither party to the contract has performed his or her obligation.
Correct Answer:
Verified
Q85: All rules of contract formation apply when
Q142: Mike contracted to buy Rita's house in
Q146: Simply put,with respect to contracts,what is the
Q149: Which of the following statements is true
Q152: The victim of a breach cannot recover
Q152: A contract is terminated by agreement in
Q155: Sam agreed to purchase and Joe agreed
Q160: Which one of the following statements accurately
Q161: Alan entered into a written contract for
Q166: Explain what is meant by the term
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