Question

2. Santos entered into a written contract to sell her delicatessen to Gluck for $75,000. Later, both parties changed their minds and mutually agreed to cancel the contract. Is the contract discharged? Explain your answer.

3. Hardies agreed to deliver to Davidson 25,000 standard three-ring student notebooks by September

1. On August 1, Hardies’ warehouse and its contents were destroyed by fire through no fault of Hardies. Was Hardies liable on the contract? Explain your answer.

4. Peters contracted to paint the exterior of Bottom’s frame house for $1,000. Before Peters began work, the house burned to the ground. Was the contract terminated? Explain your answer.

Answer 1

2.Yes, the contract gets discharged because both the parties are mutually agreed to bring this contract come to an end.
3.Yes, Hardies was liable on the contract as there was no written agreement done or any insurance was covered so it was the whole sole responsibility of Hardies only although he was no where at fault.
4.Yes, the contract was terminated because here in this case the work was not done and could not be completed because the house was burned to the ground.So a contract gets terminated if there is no completion of work.