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Question
An implied-in-law condition and constructive condition are the same.a. True
b. False
Answer
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Explain what may constitute a material breach and list the several basic principles that must be applied to determine if a material breach exists in a given contract.
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A and B enter into a contract on January 1 of this year. A's friend C tells A, "The law generally restricts the time within which an action can be brought by either party to a contract." C's statement is: a. false. b. true because of statutes of limitations. c. true because of the law of repudiation. d. true because of covenants not to sue.
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In Robinson v. Durham, the court found: a. the Robinsons were good faith purchasers for value when they bought the car for their business, and they had good title which they passed to Durham. b. the Robinsons had a voidable title, and they passed good title to Durham, who was a good faith purchaser for value. c. there was a breach of warranty of title between the Robinsons and Durham. d. the Robinsons obtained no title from the thief, but they passed good title to Durham since he was a good faith purchaser for value.
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