Chapter 13 HW

  1. Substantial performance
  2. Accord and satisfaction
  3. Complete performance
  4. Mutual release
  5. Legal tender
  6. Statute of limitations
  7. Discharged
  8. Tender
  9. Performance
  10. Reasonable tender

 

  1. When it is not stated in the contract “time is of the essence.”
  2. When it is stated in the contract “time is of the essence.”
  3. The court will enforce it to be done in reasonable time.
  4. The reasonable person test determines satisfactory performance
  5. The doctrine of substantial performance is when someone fulfills the requirements of the contract, leaving only minor details incomplete.
  6. Courts will allow discharge for impossibility only when there is death or illness, destruction of exact subject matter, ad illegality.
  7. Statute of limitations is when the law may specify the time within which a contract may be enforced.

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s