discharge of contract Flashcards
what is the difference between a strict contractural obligation and a qualified contractural obligation
a strict contractural obligation must be performed exactly as it is describe. vs reasonable endevours.
what is a repudiatory breach
breach of a major term of the contract that goes to the root of the contract and gives the non breaching party the right to choose to discharge / affirm.
what is the doctrine of substantial performance
applies to entire obligation agreements - the doctrine provides for the party in breach to recover substantial part of the agreed fe
true or false - frustration allows a party to the contract to choose whether to discharge the future performance of the contract / affirm it
false - automatic.
which of the following factors does not discharge a contract for frustration
- illegality
- impossibility
- loss of the main purpose
- impracticability
impracticability