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LENB Discharge and remedies Study Guide Questions and Answers 100% Pass

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LENB Discharge and remedies Study Guide Questions and Answers 100% Pass When a party's obligations under a contract are terminated they are said to be _______. - ANSWER-discharged Contractual conditions may be either ______ by law or ______ inserted into a contract by the parties in the contract. - ANSWER-implied; expressly A condition ______ is a particular event that must occur for a party's duty to arise. - ANSWER-precedent In the context of discharging a contract, a condition ______ is a future event that terminates the obligations of the parties when it occurs. - ANSWER-subsequent When each party's performance is conditioned on the performance of the other, the conditions are ______. - ANSWER-concurrent In the context of discharging a contract, ______ conditions are explicitly stated in the contract. - ANSWER-express Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 2/19 Contracts containing conditions affecting the performance obligations of the parties in a contract are called ______ contracts. - ANSWER- Conditional If a condition precedent does not occur when discharging a contract, ______. - ANSWER-the contracting party's duty to perform does not arise John enters into an agreement to lease an apartment for five years, conditioned on him not being called to active duty in the National Guard. If he is called to serve, this is a condition ______, and his obligation to be bound by the lease is discharged. - ANSWER-subsequent In the context of discharging a contract, ______ conditions occur when each party's performance is conditioned on the performance of the other. - ANSWER-concurrent ______ conditions are usually preceded by words such as conditioned on, if, provided that, or when. - ANSWER-Express Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 3/19 In the context of discharging a contract, ______ conditions are those that are not explicitly stated but are inferred from the nature and language of the contract. - ANSWER-implied If a homeowner enters into a contract with a builder to replace the windows in his house, there is a(n) ______ condition that the builder will be allowed to enter the house to complete the window removal and installation. - ANSWER-implied A(n) ________ is a promise that parties are legally re

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LENB Discharge and remedies Study Guide
Questions and Answers 100% Pass


When a party's obligations under a contract are terminated they are said to

be _______. - ANSWER✔✔-discharged


Contractual conditions may be either ______ by law or ______ inserted into

a contract by the parties in the contract. - ANSWER✔✔-implied; expressly


A condition ______ is a particular event that must occur for a party's duty

to arise. - ANSWER✔✔-precedent


In the context of discharging a contract, a condition ______ is a future event

that terminates the obligations of the parties when it occurs. -

ANSWER✔✔-subsequent


When each party's performance is conditioned on the performance of the

other, the conditions are ______. - ANSWER✔✔-concurrent


In the context of discharging a contract, ______ conditions are explicitly

stated in the contract. - ANSWER✔✔-express


Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 1/19

,Contracts containing conditions affecting the performance obligations of

the parties in a contract are called ______ contracts. - ANSWER✔✔-

Conditional


If a condition precedent does not occur when discharging a contract,

______. - ANSWER✔✔-the contracting party's duty to perform does not

arise


John enters into an agreement to lease an apartment for five years,

conditioned on him not being called to active duty in the National Guard.

If he is called to serve, this is a condition ______, and his obligation to be

bound by the lease is discharged. - ANSWER✔✔-subsequent


In the context of discharging a contract, ______ conditions occur when each

party's performance is conditioned on the performance of the other. -

ANSWER✔✔-concurrent


______ conditions are usually preceded by words such as conditioned on,

if, provided that, or when. - ANSWER✔✔-Express




Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 2/19

, In the context of discharging a contract, ______ conditions are those that

are not explicitly stated but are inferred from the nature and language of

the contract. - ANSWER✔✔-implied


If a homeowner enters into a contract with a builder to replace the

windows in his house, there is a(n) ______ condition that the builder will

be allowed to enter the house to complete the window removal and

installation. - ANSWER✔✔-implied


A(n) ________ is a promise that parties are legally required to perform

under a contract. - ANSWER✔✔-covenant


Contracted parties discharge their obligations by doing what they

respectively agreed to do under the terms of an agreement; this is called

discharge by ______. - ANSWER✔✔-performance


If, consistent with his contractual duty, a painter shows up at a home with

his paint and ladder and is ready to begin painting the garage, he _____. -

ANSWER✔✔-has tendered performance upon arrival at the house


______ performance occurs when every aspect of the parties' duties under a

contract is carried out perfectly. - ANSWER✔✔-Complete

Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 3/19

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