Asked by Natasha Rodriguez on May 22, 2024

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Satisfactory performance exists when the parties' personal tastes have determined that the contracting parties have performed their contractual duties according to the agreement.

Satisfactory Performance

In contract law, the situation that exists when either personal taste or objective standards determine the contracting parties have performed their contractual duties according to the agreement.

Personal Tastes

Individual preferences or likes, particularly relating to aesthetic or consumption choices.

Contracting Parties

The entities or individuals who enter into a contract or legal agreement with each other.

  • Understand the concept of performance, substantial performance, and the implications of non-performance in contractual agreements.
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RE
Rebecca EdlerMay 22, 2024
Final Answer :
False
Explanation :
Satisfactory performance is not based on personal tastes, but on objective standards outlined in the contract. It is a legal, not subjective, determination.