Use this fact situation to answer the questions that follow. On January 1,A Co.enters into a contract with B Co.to build a stadium.The date of completion of the contract is August 1.On February 2,A Co.faxes to B Co.a letter that states that it is having problems with its steel girder supplier and that if these continue,it may not be able to complete on time,although it will try to find other suppliers if necessary.On February 15,B Co.enters into a contract with C Co.to build the stadium.On March 1,A Co. ,which finally received its shipment of steel girders,attended at the construction site to begin its work only to find C Co.there.In a lawsuit by A Co.against B Co. ,B Co.will argue that
A) by electing to treat the contract as at an end,it was entitled to enter into the contract with C Co.
B) A Co.'s fax of February 2 was an express repudiation of the contract.
C) in light of A Co.'s repudiation,B Co.was entitled to elect to treat the contract as at an end or to affirm the contract.
D) it elected to treat the contract as at an end.
E) all of the above
Correct Answer:
Verified
Q2: A warranty is
A)a non-essential term of a
Q3: Even if the wording of an exemption
Q4: A condition is
A)a fundamental event that must
Q8: Between the time when a contract is
Q9: A breach of a minor term in
Q11: Any ambiguity in an exemption clause must
Q14: Use the fact situation in Q8 to
Q17: Use the fact situation in Q8 to
Q18: Use the fact situation in Q5 to
Q19: Jack has a contract to deliver goods
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