_____ occur[s] when either party fails to perform the obligations due under the contract (without a valid or legal justification)

a. Damages
b. Cancellation
c. Restitution
d. Expectancy
e. Breach of contract

e

Business

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The Restatement of the Law of Contracts summarizes contract principles as set out by the U.S. Supreme Court

Indicate whether the statement is true or false

Business

Herbert Dix picked up a booklet at his attorney's office that described estate planning. All of the following were included as primary objectives of estate planning except

A) distribute property according to your wishes and provide for your dependents. B) develop a plan that will minimize estate and inheritance taxes. C) develop a plan that minimizes settlement costs, including legal and accounting fees. D) utilize a living will to describe your choices in a terminal situation and a health care proxy to identify those to whom you relinquish health care decision-making authority in the event of physical or mental impairment. E) estate planning involves all of the above objectives.

Business