Which of the following is true with respect to substantial performance?
A)It has particular importance in the construction industry.
B)Substantial performance does not defeat the purpose of the contract.
C)When one party to a contract has substantially performed, the other party cannot recover damages for the imperfect performance.
D)All of the above.
E)Two of the above, (a) and (b) are correct.

Question

Quizplus · Accepted Answer

Option A is correct as substantial performance is particularly important in the construction industry where it may be difficult to achieve perfect performance due to the nature of the work.

Option B is correct because substantial performance does not completely defeat the purpose of the contract, but rather it only allows for minor imperfections or variances from the original agreement.

Option C is incorrect, and therefore, Option D is also incorrect. When one party to a contract has substantially performed, the other party can still recover damages for any imperfect performance, but the damages will be reduced to reflect the value of the incomplete or imperfect performance.

Which of the Following Is True with Respect to Substantial