question archive 1)List the ways by which a party’s contractual obligations can be terminated
Subject:EconomicsPrice: Bought3
1)List
the ways by which a party’s contractual obligations can be terminated.
2)Yolanda
and Rodney agreed that Rodney would paint Yolanda’s home for $800 with Yolanda
supplying the paint. Rodney went to Yolanda’s home on several occasions to do
the job, but she never had the paint ready. Finally, he moves on to other jobs.
Six months later Yolanda sues Rodney for not painting the home. Who is likely
to win and why? Set forth the legal term for Rodney’s offer of
performance.
3)Set
forth the elements for a finding of substantial performance and the effect of a
finding of substantial performance on damages.
4) Discuss
the circumstances that result in an anticipatory repudiation of a contract.
Discuss the rights of a nonbreaching party when faced with anticipatory
repudiation.
5) Set
forth the three main situations in which the courts find objective
impossibility.