30 noni and myra enter into a contract for a sale of

This preview shows page 12 - 13 out of 13 pages.

BUS_LAW_2-QUESTION_SET_2-STUDENT.docx

29 .   Text Publishers , Inc. , contracts for a sale of textbooks to University Bookstores , Inc. Viable Shipping Corporation , the carrier , transports the books to Warehouse Storage Company . Text ’s right to stop delivery is lost when University ’s rights to the goods are acknowledged by
a. the appropriate government agency .
b. the students who opt to buy the books .
c. University Bookstores .
d. Warehouse Storage .
30 .   Noni and Myra enter into a contract for a sale of clarinets and other wind instruments . Noni does not deliver . Myra can normally recover as damages the difference between
Get answer to your question and much more
31 .   Bayou Boats , Inc. , contracts for the sale of seven swamp boats to Eventide Fishing Tours . Bayou repudiates the contract . Eventide ’s recovery is measured at the time
Get answer to your question and much more
32 .   Leatherbound Stores , Inc. , rejects a shipment of goods that does not conform to its contract with Cowhide Corporation , but is unable to obtain instructions from the seller . Leatherbound may
Get answer to your question and much more
33 .   Natural Foods , Inc. , orders “ Grade A ” oil from Olive Grove Farms to process and sell to Pic ‘ N Pay Grocers . Olive Grove ships “ Grade B ” oil , which Natural Foods accepts . To recover damages for the nonconformity , Natural Foods must give notice of the breach within a reasonable time to
a . Olive Grove only .
b. Olive Grove , Pic ‘ N Pay , and the appropriate government agency .
c. Pic ‘ N Pay only .
d. the appropriate government agency only .
Answer:  a .   Olive Grove only .
34 .   Summer Breeze , Inc. , contracts for the sale of fifty ceiling fans to Island Décor store . If Summer Breeze fails to deliver the goods , Island Décor must commence a suit for breach of contract within
Get answer to your question and much more
35 .   BBQ , Inc. , makes and sells grills to Grill Mart , a retailer , which sells one of the grills to Hope , a consumer . BBQ and Grill Mart include in their contracts a limitation on consequential damages for personal injuries arising from a breach of warranty . This is prima facie unconscionable with respect to
Get answer to your question and much more
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Accounting
The document you are viewing contains questions related to this textbook.
Chapter 7 / Exercise EX7-17
Accounting
Reeve/Warren
Expert Verified
30. Noni and Myra enter into a contract for a sale of clarinets and other wind instruments. Noni does not deliver. Myra can normally recover as damages the difference between a. any loss avoided and any profit gained. b. the actual price and the hoped-for price. c. the contract price and the market price. d. the current prices in the parties’ locations.
31. Bayou Boats, Inc., contracts for the sale of seven swamp boats to Eventide Fishing Tours. Bayou repudiates the contract. Eventide’s recovery is measured at the time
32. Leatherbound Stores, Inc., rejects a shipment of goods that does not conform to its contract with Cowhide Corporation, but is unable to obtain instructions from the seller. Leatherbound may
Page 12 of 13
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Accounting
The document you are viewing contains questions related to this textbook.
Chapter 7 / Exercise EX7-17
Accounting
Reeve/Warren
Expert Verified
33. Natural Foods, Inc., orders “Grade A” oil from Olive Grove Farms to process and sell to Pic ‘N Pay Grocers. Olive Grove ships “Grade B” oil, which Natural Foods accepts. To recover damages for the nonconformity, Natural Foods must give notice of the breach within a reasonable time to
34. Summer Breeze, Inc., contracts for the sale of fifty ceiling fans to Island Décor store. If Summer Breeze fails to deliver the goods, Island Décor must commence a suit for breach of contract within a. four years. b. not more than one year. c. not less than four years. d. thirty days.
35. BBQ, Inc., makes and sells grills to Grill Mart, a retailer, which sells one of the grills to Hope, a consumer. BBQ and Grill Mart include in their contracts a limitation on consequential damages for personal injuries arising from a breach of warranty. This is prima facie unconscionable with respect to
Page 13 of 13

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture