Milestone 2.docx - 1 Cynthia orders 100 shirts in a variety...

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1 Cynthia orders 100 shirts in a variety of colors for her screenprinting business from Juan, a shirt supplier. After Juan ships the shirts, Cynthia calls him to inform him of her insolvency. The box of shirts is currently in transit and will be delivered by the postal service tomorrow. What remedy does Juan have in this scenario? Juan may stop delivery of the box by the post service, upon which time he may pursue a variety of remedies to recover his damages. Juan may recover the contracted price of the shirts from Cynthia, and then he may resell the shirts to another buyer with no restrictions. Juan has no recourse in this scenario, since Cynthia is insolvent. Juan may not stop delivery of the box by the postal service, but he may recover the funds owed to him by Cynthia. CONCEPT Seller's Remedies Under the Uniform Commercial Code 2 Which contract generally must be in writing under the Statute of Frauds? George loans his daughter $300 to buy a new bicycle. Colin hires a contractor to remove several trees from his property next month. Shara and Asher form a prenuptial agreement before they get married. Hilary hires a personal assistant to help with her catering business. CONCEPT Statute of Frauds 3 You and I verbally agree that you will buy my bicycle for $200. This is a(n) __________. unilateral contract quasi-contract express contract implied contract CONCEPT Different Types of Contracts 4 A technician from a utility company walks onto a homeowner's property to read the electrical meter and tramples some flowers that grow under the
meter. Which type of intentional tort does this represent? This action does not rise to the level of an intentional tort. Invasion of privacy Misrepresentation Trespassing CONCEPT Intentional Torts 5 Select the true statement about the Convention on Contracts for the International Sale of Goods (CISG). It governs the international sale of services in addition to goods. It governs international sales contracts for all countries in the world. Parties to the Convention must re-approve the treaty every five years. Its purpose is to unify contract law among countries to facilitate international trade. CONCEPT Sources of Contract Law 6 Which of the following scenarios would likely result in an order for specific performance or an injunction, rather than a monetary award? When a tree removal service comes to Amanda's house to cut down several trees, it ends up damaging the roof of her garage. The company refunds the tree work but refuses to pay to repair her garage. Amanda sues the company for breach of contract. Fortuna owns a painting done by a famous artist, and she agrees to sell it to Langston for a significant sum of money. Later, Fortuna changes her mind and refuses to part with the painting. Langston sues Fortuna for breach of contract.

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