Jack Agrees to Paint the Home of Jim

question 62

Multiple Choice

Jack agrees to paint the home of Jim.During the negotiations,Jim leads Jack to believe that he is in some financial predicament and so cannot pay the full fee.Jack agrees to give him a discount because of his predicament.A few days before Jack is due to perform,he learns from a source that Jim is a very wealthy man.Jack decides that because he has been tricked he will not honour his obligation to paint the home.He gives away all his tools and equipment and tells Jim that he cannot paint the home because his tools have been stolen.Jack's conduct is

• A)a breach of contract by implied repudiation.
• B)a breach of a condition.
• C)not a breach of contract.
• D)a breach of contract because Jack's conduct renders performance impossible.
• E)a breach of contract by express repudiation.

---

Definitions:

Income

The financial gain or money received by an individual or household from various sources like work, investments, or transfers, over a period of time.

Apples

A popular fruit known for its variety and nutritional value often used in culinary dishes and beverages.

Bananas

A tropical fruit with soft, creamy flesh, protected by a yellow or green peel, widely consumed worldwide and rich in nutrients.

Utility Function

A mathematical model representing consumer preferences, used to explain how consumers allocate their spending.