Discharge from Contract

Discharge from Contract

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial discusses various ways a party can be discharged from their contractual duties. It covers complete and substantial performance, tender performance, divisible contracts, and the doctrines of impossibility and impracticability. Each concept is explained in terms of how it affects the obligation to perform under a contract.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean to completely perform a contractual obligation?

Fulfilling all necessary activities under the contract

Completing parts of a divisible contract

Performing only minor aspects of the contract

Attempting to perform but being rejected

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is substantial performance different from complete performance?

It involves attempting to perform but being rejected

It involves fulfilling material aspects minus minor details

It involves fulfilling all obligations

It involves completing parts of a divisible contract

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens if a party tenders performance and it is rejected?

The party is relieved from their duty to perform

The party must continue to perform

The party must renegotiate the contract

The contract is automatically void

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a divisible contract?

A contract that is void if one part is not completed

A contract that cannot be divided into parts

A contract with multiple independent parts

A contract that requires complete performance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which doctrine can relieve a party from performance due to impossibility?

Doctrine of Fairness

Doctrine of Substantial Performance

Doctrine of Complete Performance

Doctrine of Tender Performance