When One Party Substantially,but Not Completely,performs a Contract,creating a Minor

question 102

Multiple Choice

When one party substantially,but not completely,performs a contract,creating a minor breach,which of the following remedies may the aggrieved party choose?

• A) deduct the cost necessary to complete performance from the payment due to the breaching party
• B) sue the breaching party for the cost to complete performance
• C) rescind the contract.
• D) deduct the cost necessary to complete performance from the payment due to the breaching party, sue the breaching party for the cost to complete performance, or rescind the contract
• E) deduct the cost necessary to complete performance from the payment due to the breaching party, or sue the breaching party for the cost to complete performance

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Definitions:

Extinction

In behavior psychology, the process where a conditioned response decreases in frequency and eventually disappears when the reinforcement is withdrawn.

Punishment

A consequence given in response to an action or behavior that is deemed unacceptable, with the intent to discourage such behavior in the future.

Determined Behavior

Behavior that is purposeful and focused on achieving specific goals.

Self-control

The ability to regulate one's emotions, thoughts, and behaviors in the face of temptations and impulses.