Anticipatory repudiation Study guides, Class notes & Summaries

PVL3702 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 - DUE 9 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9 .......... Question 1 Answer saved Marked out of 1.00 Flag question Question text Gary points a loaded gun at Pete, and orders him to sign a written contract. Gary explains that the document is for the sale of Pete’s car to him (Gary), at a price of R50 000 which is far below the market value of the car. Pete, feari...

Well-structured PVL3702 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... Question 1 Answer saved Marked out of 1.00 Flag question Question text Gary points a loaded gun at Pete, and orders him to sign a written contract. Gary explains that the document is for the sale of Pete’s car to him (Gary), at a price of R50 000 which is far below the market value of the car. Pete, fearing for his life, signs the document. Which cause of ...

Anticipatory Repudiation - ANSWER AR occurs when a promisor, prior to the time set for performance of his promise, indicates that he will not perform when the time comes. If there is an executory bilateral contract between the parties and the promisor's AR is unequivocal, the nonrepudiating party can treat the anticipatory repudiation as a total breach and sue immediately. If the nonrepudiating party has already fully performed, he must wait until the time originally set for performance bec...

Liquidated damages - Answer parties agree in advance should be paid if the contract is breached. Must be reasonable not a penalty. Nominal damages - Answer token damages. no financial loss has been cause by the breach but they saved anyway Anticipatory repudiation - Answer A breach when one party informs the other party that he/she will not perform what is in the contract.

BUL 3130 TEST 1 QUESTIONS WITH VERIFIED ANSWERS Which of the following is not an equitable remedy? - Answer-money damages Damages intended to punish a wrongdoer are called _____________. - Answer-punitive damages In which of the following situations would a delegation of contractual duties be allowed? - Answer-a painter hired to paint a house When a party has knowledge that either a complete or a partial breach will occur by the other party and therefore refuses to perform, this is re...

BU231 Final Exam Review || With Questions & Answers (100% Correct) BU231 Final Exam Review || With Questions & Answers (100% Correct) Merger - ANSWER - Merger occurs when two companies come together to form one company. If one of the two original companies survives then the process is called acquisition. If the combination results in a new company then the process is called a merger. One company is identified as the acquirer and the other is identified as the target. Legal Merger - ANSWER...

joint tenancy correct answers The phrase "right of survivorship" is closely associated with which type of co-ownership? rectangular survey system correct answers also called the Public Land Survey, what type of legal description is based on a base line and principal meridian? Sampling and laboratory analysis correct answers All are true except, with a phase 1 environmental inspection? for which the value is sought correct answers "The subject property" best describes the property ...

Abatement - Process of selling estate property to pay debts. Abatement of Rent - A deduction from the rent owed for the diminishment in value of the premises caused by the lack of maintenance. Abstract of Title - Chronological summary of all official records and recorded documents affecting the title to a parcel of land. Accord and Satisfaction - The payment of money, or other valuable consideration (usually less than the amount owed), in exchange for extinguishment of a debt. There must b...

a. provide the nonbreaching party with money damages equal to the losses actually sustained. correct answers The purpose of compensatory damages is to: a. provide the nonbreaching party with money damages equal to the losses actually sustained. b. punish the breaching party severely enough to ensure such behavior is unlikely to occur again. c. provide the breaching party with a way to mitigate damages. mand the breaching party c. must perform under the contract within a reasonable time. ...

Abatement - ANSWER-Process of selling estate property to pay debts. Abatement of Rent - ANSWER-A deduction from the rent owed for the diminishment in value of the premises caused by the lack of maintenance. Abstract of Title - ANSWER-Chronological summary of all official records and recorded documents affecting the title to a parcel of land. Accord and Satisfaction - ANSWER-The payment of money, or other valuable consideration (usually less than the amount owed), in exchange for extingu...