Author Question: Which of the following statements best describes specific performance? A) It refers to the payment ... (Read 86 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
Which of the following statements best describes specific performance?
 A) It refers to the payment of compensatory damages by a party as a remedy for breach of contract.
 B) It refers to the carrying out of the specific terms of a contract.
 C) It refers to carrying out of terms that were not specified in a contract in order to compensate for damages.
 D) It refers to the payment of liquidated damages by a party as a remedy for breach of contract.

Question 2

The doctrine of substantial performance is concerned with the issue of whether an imperfect performance will be considered adequate to discharge one's responsibilities under a contract.
  Indicate whether the statement is true or false



mrphibs

  • Sr. Member
  • ****
  • Posts: 307
Answer to Question 1

B

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

For a complete list of videos, visit our video library