16. An anticipatory breach: A - Occurs when one party clearly states or implies that they cannot perform on the contract
Posted: Mon May 30, 2022 4:50 pm
16. An anticipatory breach:
A - Occurs when one party clearly states or implies that they
cannot perform on the
contract
B - May be implied by some clear, unambiguous action on the part of
one of the parties.
C - Requires the non-breaching party to demand assurance within a
reasonable time
D - All of the above
17. A contract agreement may be accomplished by:
A - Mutual rescission
B - Accord and Satisfaction
C - A release or wavier
D - All of the above
18. Which of the following does not discharge a contract by
operation of law?
A - Bankruptcy
B - Statutes of Limitation
C - Illegality
D - A lost contract
19. The most serious category of a crime is the:
A - Misdemeanor
B - Capital Offense
C - Petty Larceny
D - Nuisance
20. The term robbery applies to a crime against:
A - Persons
B - Structures
C - Animals
D - None of the above
A - Occurs when one party clearly states or implies that they
cannot perform on the
contract
B - May be implied by some clear, unambiguous action on the part of
one of the parties.
C - Requires the non-breaching party to demand assurance within a
reasonable time
D - All of the above
17. A contract agreement may be accomplished by:
A - Mutual rescission
B - Accord and Satisfaction
C - A release or wavier
D - All of the above
18. Which of the following does not discharge a contract by
operation of law?
A - Bankruptcy
B - Statutes of Limitation
C - Illegality
D - A lost contract
19. The most serious category of a crime is the:
A - Misdemeanor
B - Capital Offense
C - Petty Larceny
D - Nuisance
20. The term robbery applies to a crime against:
A - Persons
B - Structures
C - Animals
D - None of the above