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Breach Of Contract

8 practice questionsBusiness LawStep-by-step solutions

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1

A 'voidable' contract is one that:

A.Has no legal effect from the start
B.Is valid but can be cancelled by one party
C.Must always be performed
D.Is illegal
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2

A breach of contract occurs when a party:

A.Performs all its obligations
B.Fails to perform its contractual obligations without lawful excuse
C.Negotiates a better deal
D.Signs the agreement
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3

An anticipatory breach occurs when a party:

A.Performs early
B.Indicates before performance is due that it will not perform
C.Pays in advance
D.Signs the contract
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