Discharge and remedies (some review)

Question 1

When a person fails to perform the duties of the contract

Accepted Answer

Breach of contract

Question 2

When the party fulfill the terms of a contract by doing what they promised earlier

Accepted Answer

Performance

Question 3

Which of the following is NOT a remedy for a breach of contract?

Accepted Answer

You may request the contract be continued

Question 4

Ending a contract by mutual release is not allowed by law

Accepted Answer

False

Question 5

A person who intentionally fails to reveal an important fact is committing the fraud of

Accepted Answer

Concealment

Question 6

The legal transfer of a right under contract is called

Accepted Answer

assignment

Question 7

When a party completes the major requirements of a contract with only a few minor details left

Accepted Answer

Substantial Performance

Question 8

You have a right to sue a person who breaches a contract made with you

Accepted Answer

True

Question 9

Mutual mistake is also known as

Accepted Answer

bilateral mistake

Question 10

To prove _______, the innocent party has to show that he or she depended on the lie.

Accepted Answer

fraud

Question 11

When a contract ends, it is said to be

Accepted Answer

discharged

Question 12

A legal means for enforcing a right or correcting a wrong is called a remedy.

Accepted Answer

True

Question 13

A time limit for suing in a civil case

Accepted Answer

Statute of limitations

Question 14

The transfer of a right under a contract

Accepted Answer

Assignment

Question 15

When actual physical force is used to cause another to enter a contract, the contract is

Accepted Answer

Void

Question 16

A person may win a lawsuit for fraud even if no loss is suffered

Accepted Answer

False

Question 17

Specific performance asks the court to order the other party in a contract to

Accepted Answer

do what he or she has agreed to do

Question 18

The transfer of a duty under a contract

Accepted Answer

Delegation

Question 19

An offer to do what you have agreed to do under a contract is called

Accepted Answer

tender of performance

Question 20

Wrongful acts of one of the parties may discharge a contract by

Accepted Answer

operation of law

Question 21

If what seems to be a valid contract turns out not to be, the contract is

Accepted Answer

defective

Question 22

Actions that make inappropriate use of one person's power over another

Accepted Answer

undue influence

Question 23

An offer to do what you have agreed to do under a contract

Accepted Answer

Tender

Question 24

Court will not rule on when a contract must be completed if time for performance is unspecified

Accepted Answer

False

Question 25

Threats of a business nature that cause a person to enter into a contract without real consent

Accepted Answer

economic duress

Question 26

The doctrine of substantial performance is often applied to construction contracts.

Accepted Answer

True

Question 27

As long as all terms have been carried out properly & completely, the contract is discharged by

Accepted Answer

Complete performance

Question 28

When a bilateral mistake is made, neither party may void the contract

Accepted Answer

False

Question 29

A deliberate deception to secure unfair or unlawful gain is called

Accepted Answer

fraud

Question 30

An agreement between two parties to end an agreement is

Accepted Answer

Mutual Release

Discharge and remedies (some review)

Questions 30

Discharge and remedies (some review)

Questions 30