Multiple choice

A breach of contract occurs when

  1. a party renounces his liability under the contract

  2. a party by his own act makes it impossible that he should perform his obligations under the contract

  3. a party totally or partially fails to perform his part of the contract

  4. All of the above

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A contract is said to be broken if a party to it refuses to perform it or when a party to a contract disables himself from performing his promise or fails to perform his part of contract either totally or partially.