Which of the Following Is False with Regard to Ending

question 131

Multiple Choice

Which of the following is false with regard to ending a contract by performance, agreement, or breach?

• A) A contract ends by agreement when the parties include in the contract a "condition subsequent," i.e., a clause that says the contract will end upon the happening of a specified future event that then takes place.
• B) If a person properly tenders performance of a service that is rejected by the other party, he is not required to try again.
• C) A person has not legally tendered performance if he pays a $500 debt in 25-cent coins.
• D) A contract can be ended by breach only if there was a breach of condition, not a breach of warranty.
• E) If one party to the contract has paid for a service, but now the other doesn't want to perform, the contract is ended by agreement as long as they both agree to call it off.

Distinguish between primary and secondary metabolites and their roles in organism physiology.

Understand the distribution of assets upon dissolution of an LLC and how contributions impact members’ shares.

Identify the rights and limitations of a transferee in an LLC under the RULLCA.

Comprehend the conditions under which judicial dissolution of an LLC can be sought.

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Definitions:

Fiscal Year

A financial period used by governments and businesses for accounting and budget purposes, often not aligned with the calendar year.

Trustee

An individual or organization entrusted to manage or oversee assets, properties, or interests on behalf of others, often within a legal or fiduciary capacity.

Instructed Delegate

A representative who acts according to the explicit instructions or wishes of their constituents, regardless of their personal opinions.

Representation

The process or action by which elected officials act on behalf of their constituents or people in a democratic government.