Letty is engaged in buying and selling cars. One day, Pablo approached her and offered to buy one of the cars in her inventory. Letty agreed to sell a Toyota Altis, with plate number XYZ 1234. They agreed for the delivery on a April 1, 2022. On the same day, Letty received information that Pablo would declare insolvency. She did not deliver the car. Is Letty justified in her action not to deliver the car?

Social Psychology (10th Edition)
10th Edition
ISBN:9780134641287
Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Chapter1: Introducing Social Psychology
Section: Chapter Questions
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Letty is engaged in buying and selling cars. One day, Pablo approached her and offered to buy one of the cars in her inventory. Letty agreed to sell a Toyota Altis, with plate number XYZ 1234. They agreed for the delivery on a April 1, 2022. On the same day, Letty received information that Pablo would declare insolvency. She did not deliver the car. Is Letty justified in her action not to deliver the car?
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