discharge of contract Flashcards

1
Q

what is the difference between a strict contractural obligation and a qualified contractural obligation

A

a strict contractural obligation must be performed exactly as it is describe. vs reasonable endevours.

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2
Q

what is a repudiatory breach

A

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.

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3
Q

what is the doctrine of substantial performance

A

applies to entire obligation agreements - the doctrine provides for the party in breach to recover substantial part of the agreed fe

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4
Q

true or false - frustration allows a party to the contract to choose whether to discharge the future performance of the contract / affirm it

A

false - automatic.

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5
Q

which of the following factors does not discharge a contract for frustration

  1. illegality
  2. impossibility
  3. loss of the main purpose
  4. impracticability
A

impracticability

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