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If one of the parties in a contract fails to perform a promise, it's called(1 point)

Responses

anticipatory breach of contract
anticipatory breach of contract

breach of contract
breach of contract

capacity
capacity

legality
legality
Question 2
When a contract is breached the accused party has choices for remedy.(1 point)
Responses

True
True

False
False
Question 3
If no damage is suffered because of the breach, then the best choice is to accept the breach.(1 point)
Responses

True
True

False
False
Question 4
Consequential damages are...(1 point)
Responses

awarded to punish a wrongdoer because of their malicious action
awarded to punish a wrongdoer because of their malicious action

damages in the form of money that is directly attributed to the breach of contract
damages in the form of money that is directly attributed to the breach of contract

Reasonable expenses resulting from the breach
Reasonable expenses resulting from the breach
Question 5
If the contract limits the amount of damages that can be recovered, it can be considered a defense against breach of contract.(1 point)
Responses

True
True

False

1 answer

Here are the correct answers for your questions:

Question 1: If one of the parties in a contract fails to perform a promise, it's called
Answer: breach of contract

Question 2: When a contract is breached the accused party has choices for remedy.
Answer: True

Question 3: If no damage is suffered because of the breach, then the best choice is to accept the breach.
Answer: True

Question 4: Consequential damages are...
Answer: Reasonable expenses resulting from the breach

Question 5: If the contract limits the amount of damages that can be recovered, it can be considered a defense against breach of contract.
Answer: True

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