Bar Exam: Spotting Breach of Contract
12 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is a breach of contract according to the provided definition?

  • A failure to render substantial performance only
  • Any failure to render full performance when due (correct)
  • A minor failure to render full performance when due
  • A material breach that thwarts the purpose of the contract
  • What happens if a party commits a minor breach at common law?

  • The nonbreaching party can suspend its performance
  • The nonbreaching party is entitled to damages but must still render performance (correct)
  • The breaching party is entitled to damages
  • The contract is automatically terminated
  • What is a material breach?

  • A technical breach that affects the breaching party's performance
  • A minor breach that leaves the nonbreaching party with the essential benefit
  • Any failure to render full performance when due
  • A breach that thwarts the purpose of the contract or deprives the nonbreaching party of the essential benefit (correct)
  • What is the rule that governs contracts for the sale of goods?

    <p>The perfect-tender rule</p> Signup and view all the answers

    What is a condition to each party's remaining duty of performance?

    <p>No uncured, material failure by the other party to render performance due at some earlier time</p> Signup and view all the answers

    What is the minimum remedy for a breach of contract?

    <p>Damages</p> Signup and view all the answers

    What is the rule that allows a buyer to reject goods if they do not conform to the contract, even if the breach is minor?

    <p>Perfect-Tender Rule</p> Signup and view all the answers

    What are the possible options for a buyer when a seller has breached the sales contract?

    <p>Reject all goods, accept all goods, or accept some goods and reject the rest.</p> Signup and view all the answers

    In a contract for the sale of goods, what type of warranty may arise from an affirmation or promise about the goods?

    <p>Express Warranty</p> Signup and view all the answers

    If a seller is a merchant, what implied warranty does the contract contain?

    <p>Implied Warranty of Merchantability</p> Signup and view all the answers

    What implied warranty applies to goods being fit for a specific purpose, regardless of whether the seller is a merchant?

    <p>Implied Warranty of Fitness for a Particular Purpose</p> Signup and view all the answers

    What is the term for a party communicating their unwillingness or inability to perform before their performance is due?

    <p>Anticipatory Repudiation</p> Signup and view all the answers

    More Like This

    Bar Exam Ethics
    5 questions

    Bar Exam Ethics

    CheeryChrysoprase3741 avatar
    CheeryChrysoprase3741
    Bar Exam For TIZ
    16 questions

    Bar Exam For TIZ

    WonderfulBambooFlute2847 avatar
    WonderfulBambooFlute2847
    Use Quizgecko on...
    Browser
    Browser