5. Performance excused or discharged? Flashcards
1
Q
a. Has condition (precedent, concurrent, or subsequent) been excused?
A
i. Breach of contract
ii. Anticipatory repudiation
iii. Waiver
iv. Substantial performance
2
Q
b. Has absolute duty been discharged?
A
i. Performance
ii. Illegality of subject matter after contract was made
iii. Impossibility, impracticability, frustration of purpose
iv. Rescission
v. Modification
vi. Novation/substitute contract
vii. Accord and Satisfaction
3
Q
Terms to Remember
A
Excused- BAWS
Discharged- PII RMNA