Question

Contracts may be discharged because of certain circumstances, conditions, causes, etc. Please match the following ways for discharging contracts.

Destruction of subject matter

      [ Choose ]            Discharge by impossibility            Discharge by agreement            Discharge by economic disappointment            Discharge by operation of law      

Frustration of purpose

      [ Choose ]            Discharge by impossibility            Discharge by agreement            Discharge by economic disappointment            Discharge by operation of law      

Bankruptcy

      [ Choose ]            Discharge by impossibility            Discharge by agreement            Discharge by economic disappointment            Discharge by operation of law      

Substitution

      [ Choose ]            Discharge by impossibility            Discharge by agreement            Discharge by economic disappointment            Discharge by operation of law      

Illness of either party to render personal services

      [ Choose ]            Discharge by impossibility            Discharge by agreement            Discharge by economic disappointment            Discharge by operation of law      

Accord and satisfaction

      [ Choose ]            Discharge by impossibility            Discharge by agreement            Discharge by economic disappointment            Discharge by operation of law      

Statute of limitations

      [ Choose ]            Discharge by impossibility            Discharge by agreement            Discharge by economic disappointment            Discharge by operation of law      

Release

      [ Choose ]            Discharge by impossibility            Discharge by agreement            Discharge by economic disappointment            Discharge by operation of law      

Terms of the contract

Sheldon saw some cool technology that he wanted to purchase, however, he was short of cash. Lenny knew how much Sheldon really wanted it, and offers to loan Sheldon the money. Sheldon borrows $4,000 from him and agrees to repay the money in six months. Later, Lenny purchased a car from Penny for $7,000. He pays her $3,000 in cash and assigns the right to the $4,000 to her. Penny contacts Sheldon towards the end of the six months, requesting payment. Sheldon claims that he doesn't owe her the money because he never agreed to pay her and that there was never any intent to benefit her when he and Lenny made the contract.

Penny will not be able to recover _________ in the breach of contract action.

compensatory damages

punitive damages

general damages

direct damages

Sheldon saw some cool technology that he wanted to purchase, however, he was short of cash. Lenny knew how much Sheldon really wanted it, and offers to loan Sheldon the money. Sheldon borrows $4,000 from him and agrees to repay the money in six months. Later, Lenny purchased a car from Penny for $7,000. He pays her $3,000 in cash and assigns the right to the $4,000 to her. Penny contacts Sheldon towards the end of the six months, requesting payment. Sheldon claims that he doesn't owe her the money because he never agreed to pay her and that there was never any intent to benefit her when he and Lenny made the contract.

Penny will not be able to recover _________ in the breach of contract action.

compensatory damages

punitive damages

general damages

direct damages

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Answer 1

Destruction of Subject matter - Discharge by impossibility

Frustration of purpose - Discharge by agreement

Bankruptcy - Discharge by economic disappointment

Substitution - Discharge by operation of law

Illness of either party to render personal services - Discharge by impossibility

Accord and satisfaction - Discharge by agreement

Statute of limitations - Discharge by operation of law

Release - Discharge by agreement

Penny will not be able to recover Punitive damages in the breach of contract action