LSB Chapter 11 Questions with Correct Answers| Latest Update Guaranteed Success
If a breach relates to a fundamental term of the contract, it is called a total breach and the
nonbreaching party is entitled to either: _______ or _______. (Choose two correct answers)
be completely discharged from her obligations
suspend performance
In the case of a partial breach, the _______ party may not be relieved from performing, and
may still recover ________ from the breaching party. (Choose two correct answers)
nonbreaching
damages
In the _______ case, the court decided that because the deviation from expected performance
was not material, it was only a(n) _______ breach. (Choose two correct answers) partial
Jacob and Youngs v. Kent
When an anticipatory ________ occurs, the nonbreaching party _______. (Choose two correct
answers) repudiation
may file suit immediately
Anticipatory repudiation is also called anticipatory _______ and occurs when one party uses
unequivocal language to repudiate her contractual obligations. breach
Generally, a person is in _______ of her contract when she fails to fulfill a fundamental term of
the contract. (Choose two correct answers) material breach
total breach
Anticipatory _______ can occur when a(n) ______ person would have believed that the
promisor was unlikely to perform. reasonable
repudiation
, A(n) _____ breach is not material and does not concern a fundamental aspect of the
agreement. partial
Generally, the legal remedy for breach of contract will be _______ awarded by the court to the
nonbreaching party. money damages
In the Jacob and Youngs v. Kent case, the court held that the breach was ______ and awarded
the _______ party equal to the difference in price between the contracted-to brand pipe and
the pipe actually used. (Choose two correct answers) partial
nonbreaching
_______ damages, which can include _______ losses, are an attempt to put the nonbreaching
party in the same position she would have been in if the other party had performed as agreed.
(Choose two correct answers) Out-of-Pocket
Compensatory
Suppose Joe, a trucking company, and Jim, a widget manufacturer, enter into an agreement.
Before the widgets are placed on the truck, Joe calls Jim and says "I can't do it. One of my rigs
just broke down." Jim can treat this as _______ because it is apparent that Joe party does not
intend to perform as agreed. anticipatory repudiation
Where the language is not unequivocal but more _______, or when _______ is the basis for
determining the repudiation, the analysis is more complex and may not equal anticipatory
repudiation. (Choose two correct answers) conduct
ambiguous
_______ damages compensate the nonbreaching party for _______ indirect losses not covered
by compensatory damages. (Choose two correct answers) Consequential
Foreseeable
If a breach relates to a fundamental term of the contract, it is called a total breach and the
nonbreaching party is entitled to either: _______ or _______. (Choose two correct answers)
be completely discharged from her obligations
suspend performance
In the case of a partial breach, the _______ party may not be relieved from performing, and
may still recover ________ from the breaching party. (Choose two correct answers)
nonbreaching
damages
In the _______ case, the court decided that because the deviation from expected performance
was not material, it was only a(n) _______ breach. (Choose two correct answers) partial
Jacob and Youngs v. Kent
When an anticipatory ________ occurs, the nonbreaching party _______. (Choose two correct
answers) repudiation
may file suit immediately
Anticipatory repudiation is also called anticipatory _______ and occurs when one party uses
unequivocal language to repudiate her contractual obligations. breach
Generally, a person is in _______ of her contract when she fails to fulfill a fundamental term of
the contract. (Choose two correct answers) material breach
total breach
Anticipatory _______ can occur when a(n) ______ person would have believed that the
promisor was unlikely to perform. reasonable
repudiation
, A(n) _____ breach is not material and does not concern a fundamental aspect of the
agreement. partial
Generally, the legal remedy for breach of contract will be _______ awarded by the court to the
nonbreaching party. money damages
In the Jacob and Youngs v. Kent case, the court held that the breach was ______ and awarded
the _______ party equal to the difference in price between the contracted-to brand pipe and
the pipe actually used. (Choose two correct answers) partial
nonbreaching
_______ damages, which can include _______ losses, are an attempt to put the nonbreaching
party in the same position she would have been in if the other party had performed as agreed.
(Choose two correct answers) Out-of-Pocket
Compensatory
Suppose Joe, a trucking company, and Jim, a widget manufacturer, enter into an agreement.
Before the widgets are placed on the truck, Joe calls Jim and says "I can't do it. One of my rigs
just broke down." Jim can treat this as _______ because it is apparent that Joe party does not
intend to perform as agreed. anticipatory repudiation
Where the language is not unequivocal but more _______, or when _______ is the basis for
determining the repudiation, the analysis is more complex and may not equal anticipatory
repudiation. (Choose two correct answers) conduct
ambiguous
_______ damages compensate the nonbreaching party for _______ indirect losses not covered
by compensatory damages. (Choose two correct answers) Consequential
Foreseeable
