Breach of Contract Quiz
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Questions and Answers

Where there is breach of contract, the resulting damages have to be paid to the aggrieved party by the party ______ the contract

breaching

The first is actual failure to perform the contract as and when specified constitutes the

first form of breach

If a contract is ______, parties are legally allowed to undo the work unless doing so would directly charge the other party at that exact time

rescinded

Breach occurs when a party to a contract fails to fulfill its ______(s), whether partially or wholly, as described in the contract, or communicates an intent to fail the ______ or otherwise appears not to be able to perform its ______ under the contract

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

Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by ______ or interference with the other party's performance

<p>non-performance</p> Signup and view all the answers

Where there is breach of contract, the resulting damages have to be paid to the aggrieved party by the party breaching the contract. If a contract is rescinded, parties are legally allowed to undo the work unless doing so would directly charge the other party at that exact time. == What constitutes a breach of contract == There exists two elementary forms of breach of contract. The first is actual failure to perform the contract as and when specified constitutes the ______

<p>first form of breach</p> Signup and view all the answers

Breach occurs when a party to a contract fails to fulfill its obligation(s), whether partially or wholly, as described in the contract, or communicates an intent to fail the obligation or otherwise appears not to be able to perform its obligation under the contract. Where there is breach of contract, the resulting damages have to be paid to the aggrieved party by the party breaching the contract. If a contract is rescinded, parties are legally allowed to undo the work unless doing so would directly charge the other party at that exact time. == What constitutes a breach of contract == There exists two elementary forms of breach of contract. The ______ is actual failure to perform the contract

<p>first form of breach</p> Signup and view all the answers

Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party's performance. Breach occurs when a party to a contract fails to fulfill its obligation(s), whether partially or wholly, as described in the contract, or communicates an intent to fail the obligation or otherwise appears not to be able to perform its obligation under the contract. Where there is ______ of contract, the resulting damages have to be paid to the aggrieved party by the party breaching the contract

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

If a contract is rescinded, parties are legally allowed to undo the work unless doing so would directly charge the other party at that exact time. == What constitutes a ______ of contract == There exists two elementary forms of breach of contract. The first is actual failure to perform the contract as and when specified constitutes the first form of breach

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

Breach occurs when a party to a contract fails to fulfill its obligation(s), whether partially or wholly, as described in the contract, or communicates an intent to fail the obligation or otherwise appears not to be able to perform its obligation under the contract. Where there is breach of ______, the resulting damages have to be paid to the aggrieved party by the party breaching the contract. If a contract is rescinded, parties are legally allowed to undo the work unless doing so would directly charge the other party at that exact time. == What constitutes a ______ of contract == There exists two elementary forms of breach of contract. The first is actual failure to perform the contract as and when specified constitutes the first form of breach

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

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