Asked by Princess Ritsu on Jun 11, 2024

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The two types of performance include substantial performance and nominal performance.

Substantial Performance

A principle in contract law that allows a contracting party to be considered as having fulfilled its obligations, so long as the crucial elements of the contract have been completed, even if minor details are unfinished.

Nominal Performance

A minimal or token action that barely meets the terms of a contract, often used to avoid breaching the agreement.

  • Ascertain and explicate the assorted types and conditions essential for performance in contract completion.
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CH
Charlotte HarrisJun 13, 2024
Final Answer :
False
Explanation :
The two types of performance in contract law are substantial performance and complete performance. Nominal performance is not a recognized category.