Chat with AI
Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson
Edition 19ISBN: 978-1305654921Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson
Edition 19ISBN: 978-1305654921 Exercise 28
Turbines, Ltd. provided helicopter support services to customers. Monarch Aviation, an Asian company, contacted Turbines and sought to buy a turbine nozzle for shipment to Malaysia. Turbines did not have the part in stock and contacted Transupport, Inc. to purchase the part. Turbines purchased the nozzle from Transupport and tendered payment of $30,000. Transupport shipped the nozzle to Turbines, but when Turbines attempted to forward the piece to Malaysia, the shipment was intercepted by U.S. Customs. While the part was in the custody of U.S. Customs, Turbines learned that a person associated with Monarch Aviation was subject to a federal indictment and that Monarch was redirecting goods to Iran. Federal law thus prohibited Turbines from shipping the nozzle to Monarch Aviation. Turbines attempted to return the nozzle to Transupport, which refused to accept the part and refund Turbines's payment. Turbines sued Transupport to rescind the sales contract, arguing that federal law made it illegal for Turbines to ship the part to Malaysia. Should the contract between Turbines and Transupport be rescinded?
Explanation
Verified
Verified
Termination of Contract:
It occurs when...
Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
