Which of the following is a way a party’s contractual obligations can be discharged?Multiple ChoiceOne party has changed their mind about the contractThe failure of a condition to occurPersonality conflicts among the partiesDisagreement between the partiesUnhappiness with the contract terms
Question
Which of the following is a way a party’s contractual obligations can be discharged?Multiple ChoiceOne party has changed their mind about the contractThe failure of a condition to occurPersonality conflicts among the partiesDisagreement between the partiesUnhappiness with the contract terms
Solution
The failure of a condition to occur
Similar Questions
Which of the following is not a means by which parties to a contract may agree to discharge each other from their obligations?Multiple choice question.Mutual remunerationNovationSubstituted contractAccord and satisfaction
Contract is discharged by*Mutual consentPerformance and BreachLapse of time and operation of lawAll of the above
Which of the following is not a commonly recognized way by which a party's contractual obligations can be terminated?Multiple choice question.A material breach by one of the parties to the contractOperation of lawA material breach by both of the parties to the contractA labor cost increase
Which of the following refers to a contract by which one party promises to save the other from loss caused to him by the conduct of the Promisor himself, or by the conduct of any other person'?
Modification or discharge occurring after the vesting of beneficiary's rights ________.Multiple choice question.does not affect the terms of a contractis the best defense against a promisoris not a valid defense to a suit brought by beneficiaryis likely to be accepted by all the jurisdictions
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.