CAF-4 · Chapter 9 · Question 10 of 12
If a contract is broken by the promisor, the promisee may:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) Any of the above, depending on circumstances.
Explanation
The law provides several remedies for breach, including rescission (termination), damages, and specific performance.
More Discharge of a contract MCQs
- Q12Rescission of a contract means:
- Q1If the performance of an act becomes impossible after the contract is made, by reason of some event which the promisor could not prevent…
- Q2If the parties to a contract agree to substitute a new contract for it, or to rescind it, or alter it, the original contract:
- Q3The substitution of a new contract in place of an existing one is legally known as:
- Q4Every promisee may dispense with or 'remit', wholly or in part, the performance of the promise made to him. This is known as: