How Contract Conditions are Excused

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Molly agrees that she'll order all of the ink she needs for her printing shop from Max, as long as Max agrees not to sell blue ink to anyone else in town. Molly agrees to pay Max $1000 per month for the next year. After 11 months, Max sells blue ink to another store in town. Molly is still obligated to pay Max for the previous months. This is an example of:

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1. Shawn and Sue enter a contract. Shawn agrees to landscape Sue's front yard after Sue completes painting Shawn's house. Shawn's house is then destroyed in a fire. Sue is no longer obligated to paint Shawn's house, but Shawn may still be obligated to landscape Sue's yard. This is an example of:

2. Ann agrees to hire Amy in the fall if Amy will get her paralegal certification. Amy agrees. Ann then says she is hiring Amanda instead. Amy is no longer obligated to get her paralegal certification. This is an example of:

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About This Quiz & Worksheet

This quiz and worksheet combo can help you assess your understanding of contract conditions. Topics you will need to know to pass the quiz include substantial performance and examples of anticipatory repudiation.

Quiz & Worksheet Goals

This quiz/worksheet combo can help you assess your understanding of:

  • Examples of anticipatory repudiation
  • Substantial performance
  • Excuse of conditions in a contract
  • Definition of a waiver

Skills Practiced

  • Interpreting information - verify that you can read information regarding contract conditions and interpret it correctly
  • Defining key concepts - ensure that you can define main phrases, such as substantial performance and anticipatory repudiation
  • Knowledge application - use your knowledge to answer questions about the definition of a waiver

Additional Learning

To learn more about excusing contract conditions, review the corresponding lesson How Contract Conditions are Excused. This lesson covers the following objectives:

  • Determine when mutual obligation occurs
  • Define waiver
  • Identify ways a condition can be excused in a contract
  • Learn what excused means in regards to contracts
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