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  2. Business
  3. Business Law Study Set 5
  4. Quiz 18: Performance and Remedies

Which of the Following Promises Is Subject to a "Strict

Question 30
Multiple Choice

Which of the following promises is subject to a "strict performance" standard? Assume that performance of the promise is not an express condition of the promisee's duty to perform. A) A promise to build a road B) A promise to paint a house C) A promise to destroy a building D) A promise to deliver a deed

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Q 31
What is the law's main purpose in imposing the implied covenant of good faith and fair dealing? A) Providing adequate remedial measures to injured parties B) Punishing the breaching parties in a contract C) Encouraging litigation regarding breach of contracts D) Encouraging ethical behaviour in contracts
Q 32
Which of the following is subject to a "substantial performance" standard in the absence of an express condition? A) A promise to pay money B) A promise to deliver a deed C) A promise to build a house D) A promise to deliver some goods
Q 33
Mr.Green contracts with Mr.Brown to repair his roof.Mr.Brown is about 75% done when the deadline of the contract occurs.Which legal standard would prevent Mr.Brown from being considered to be in breach of his agreement with Mr.Green? A) Substantial performance standard B) Strict performance standard C) Reasonable person standard D) Egg shell person standard
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