The Legal Environment of Business: Text and Cases
10th Edition
ISBN: 9781337535878
Author: Frank B. Cross; Roger LeRoy Miller
Publisher: Cengage Learning US
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Chapter 14, Problem 2IS
Summary Introduction
Case summary: Company B contracted to deliver posters to company P on 1st May. On 1st April, B repudiated the contract whereas, P was expecting the delivery.
To find: The scope of P suing B before the date of delivery.
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Students have asked these similar questions
(a) In performing a contract of sale of goods, there may be a situation where the seller fails to deliver the goods in the agreed quantity. Discuss the rights of the buyer upon such failure.(b) Mel complains about a shabby t-shirt that was delivered to him by an online trader upon his purchase, but the trader refuses to issue a refund on the ground that the t-shirt is a clearance item. Advise Mel
Buyer Bert can't believe that Seller Sam has had
a last-second
change of heart about entering into an
agreement to sell his
home to Bert. Sam has offered to refund Bert's
earnest money
and even pay him something in
acknowledgment of Bert's
inconvenience and disappointment, but Bert's
not having it. He
wants Sam's house.
Choose the remedy for breach of trust that Bert
will most likely
take.
demand specific performance
initiate rescission
accept compensatory damages
settle for liquidated damages
Illinois Accident and Health Producer General - Shayaan Shaikh
Offer, acceptance, and consideration are necessary elements of:
OA.
OB.
OC.
OD.
a warranty
a representation
a contract
insurable interest
Time Remaining
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The Legal Environment of Business: Text and Cases
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- 1. Happy Farms, Inc. ordered 1,000 gallons of a specialty pesticide, “Berry Good,†for its berry crop. The total price of the order was $15,000. Happy Farms paid $5,000 up front and promised to pay the balance upon delivery. JA changed the order to a newer product “Very Berry Good†without notice to or consents from Happy Farms. Upon delivery, the head farmer at Happy Farms, Allison Kagan, noted that the product was not the same as she ordered. Later that afternoon, Kagan notified JA that the pesticide was not what she had ordered and refused to pay the balance on the shipment. Happy Farms held the boxes of pesticide, but, to date, JA has not retrieved them. What are JA’s legal options in this situation? 2. Martin Rupe worked as the manager of one of JA’s retail outlets. A customer came in and offered to buy all remaining “Berry Good†pesticide for…arrow_forwardAlf sells prestige used cars. In the window of his office showroom Alf displays a whiteboard. On January 20 Alf wrote on this board: • “2015 Ferrari, just arrived, mint condition, £50,000. Special offer • 2015 Porsche, just arrived, like new, £40,000”. Question Which TWO of the following statements are correct? A In relation to the Ferrari the statement on the whiteboard is an invitation to treat B In relation to the Ferrari the statement on the whiteboard is an offer C In relation to the Porche the statement on the whiteboard is an invitation to treat D In relation to the Porche the statement on the whiteboard is an offer Question On January 21 Benz came into the showroom and offered Alf £400,000 for the Ferrari. Alf told Benz that he would consider his offer and get back to him. On January 22 Alf phoned Benz and said he would definitely accept £450,000 for the Ferrari. Benz requested time to think about his decision. Alf agreed he would hold the offer to Benz open, and not accept an…arrow_forwardEmilio's Italian Restaurant enters into a contract with Vino winery wherein Emilio's agrees to purchase all the wine that Vino produces for $8/bottle. a. This contract is unenforceable because it fails to specify a quantity in the contract. b. This is an enforceable contract. c. This contract will only be enforceable if every other contract terms is specified in the contract. d. This contract is unenforceable because Vino hasn't given any consideration for selling all their wine to Emilio's.arrow_forward
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