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Substantial performance constitutes a minor breach of the contract. Laurel orall

ID: 407973 • Letter: S

Question

Substantial performance constitutes a minor breach of the contract. Laurel orally agrees to sell Hardy her Brooklyn brownstone for $800,000, with payment due from, and conveyance of the property to. Hardy to occur on August 1st. This is an enforceable contract. A contract entered into by a person who has been adjudged insane by a proper court or an administrative agency is voidable. Mr. Poorhouse Smith and Ms. Plenty Jones are engaged to be married. They enter into an oral prenuptial agreement stating that if they divorce, Ms. Jones will pay Mr. Smith $500,000. This is an enforceable contract. Where a preprinted form of contract is used, preprinted words prevail over both typed and handwritten words in interpreting the contract. Consequential damages are those damages awarded a non-breaching party for the actual losses suffered by that party as a result of a breach of contract. Third parties never acquire rights under other people's contracts. Pharrell Williams is hired to give an end-of-semester concert at BMCC. Pharrell delegates his duties to perform under the contract to Drake, who would then appear in his place at the concert. BMCC is not required to honor this delegation. An innocent party who has fully performed an illegal contract may sometimes enforce it against a guilty party. 10. Laurel orally agrees to sell Hardy an iPod for $300. This is an enforceable contract.

Explanation / Answer

1. true

3. true

7. false

9. true

6. true