Question

Stein contracts with Bailey to purchase $20,000 worth of computer components to be delivered within 3 weeks. Five days after signing the contract, Bailey, who has the components in stock, loads up the order and delivers it across town to Stein's warehouse. At this point, Bailey's actions are considered:

Answer 1

Bailey's actions of delivering the computer components to Stein's warehouse within the specified time frame is considered the performance of the contract in contract law.

Step-by-step explanation:

When Bailey loads up the order and delivers the computer components to Stein's warehouse five days after signing the contract, Bailey's actions can be considered performance of the contract. Performance, in contract law, means fulfilling the contractual obligations as agreed between the parties. Since Bailey had the components in stock and delivered them within the specified 3 weeks, they have fulfilled their part of the contract ahead of the deadline, assuming there are no other conditions that have not been met.