The Effect of the Doctrine of Substantial Performance Is That

question 6

Multiple Choice

The effect of the doctrine of substantial performance is that

• A)where there is substantial performance,a court will entertain a suit for damages for breach of contract.
• B)a promisee cannot seize upon a trivial failure of performance to avoid his or her obligations under a contract.
• C)where there is substantial performance,a court will not entertain a suit for damages for breach of contract.
• D)the promisee who has substantially performed a contract is entitled to damages.
• E)the promisor who has substantially performed a contract is entitled to damages.

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Definitions:

Average Rate

A rate that represents the mean value of a set of rates, commonly used in the calculation of interest, speed, or other variables.

Estimated Average

The estimated average is a calculated middle value within a set of numbers, determined to represent a general or expected value in data analysis.

Annual Income

The total amount of income earned over a year, including wages, salaries, bonuses, and other earnings before taxes and deductions.

Average Investment

The mean amount of capital invested in a particular asset, project, or portfolio over a specific time period.