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BLAW 2200 CHAPTER 14 REVIEW QUESTIONS

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BLAW 2200 CHAPTER 14 REVIEW QUESTIONS

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BLAW 2200: CHAPTER 14 REVIEW QUESTIONS


What is an accord? - Answers - A promise to perform a new duty

Which of the following is not an example of a situation in which a contract may be
discharged by operation of law? - Answers - Condition of the contract are not met

Which of the following damages are imposed to punish the defendant and deter such
conduct in the future - Answers - Punitive

What condition in a contract is not explicitly stated but is inferred from the nature and
language of the contract? - Answers - An implied condition

To be eligible for equitable damages, the plaintiff must have - Answers - clean hands

True or False: Anticipatory repudiation discharges the nonbreaching party from his
obligations under the contract - Answers - True

True or False: The plaintiff has an obligation to try to mitigate one's damages in a
breach-of-contract case - Answers - True

What is a plaintiff seeking if he requests legal damages? - Answers - Monetary
damages

After Company X enters into a contract with Company Y, it advises Company Y of its
intent to not honor its contractual obligations. This is an example of: - Answers -
Anticipatory repudiation

If a court orders rescission, the contract is: - Answers - terminated

True or False: Compensatory damages are foreseeable damages that result from
special facts arising outside the contract - Answers - False

How is the amount of liquidated damages which may be awarded by a court
determined? - Answers - Specified in the contract

True or False: Concurrent conditions occur when each party's performance is
conditioned on the performance of the other - Answers - True

What type of damages are awarded to a plaintiff as reimbursement for her or his
losses? - Answers - Compensatory

True or False: Express conditions are explicitly stated in the contract - Answers - True

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