Asked by Reshelle Ytuarte on May 21, 2024
Verified
List the elements required for substantial performance,and explain the effect substantial performance has on the damages awarded in a breach of contract action.
Substantial Performance
A legal concept indicating that a party has completed the major obligations of a contract, even if minor details were not completed, often entitling that party to payment.
Breach of Contract
The inability to fulfill any clause of a contract, whether it's written or spoken, without a valid legal justification.
Damages Awarded
The monetary compensation granted to the plaintiff after a court judgment or settlement, intended to remedy harm caused by the defendant's actions.
- Differentiate between tangible and intangible breaches, along with their consequences on the enforcement of agreements.
Verified Answer
Learning Objectives
- Differentiate between tangible and intangible breaches, along with their consequences on the enforcement of agreements.
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