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Source Two Multistate Performance Test tasks Complete Delaware Bar Exam Map List Matched to this deck.

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A production company hired Editor to deliver a completed documentary edit by a festival deadline. Editor delivered only raw interview clips and no edited film. The deadline was central to the contract. The production company stopped work with Editor and hired another editor.
Which statement best explains the performance issue?

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A missed deadline is material only when the contract uses the phrase "time is of the essence." A breach is immaterial whenever the nonbreaching party can calculate money damages. A material breach of a dependent obligation may discharge the other party's remaining duty to perform. A material breach affects remedies but cannot affect the other party's duty to continue performance.

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