In the following situations, certain events take place after the contracts are formed. Discuss which of these
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(a) Jimenez, a famous singer, contracts to perform in your nightclub. He dies prior to performance.
(b) Raglione contracts to sell you her land. Just before title is to be transferred, she dies.
(c) Oppenheim contracts to sell you one thousand bushels of apples from her orchard in the state of Washington. Because of a severe frost, she is unable to deliver the apples.
(d) Maxwell contracts to lease a service station for ten years. His principal income is from the sale of gasoline. Because of an oil embargo by foreign oil-producing nations, gasoline is rationed, cutting sharply into Maxwell’s gasoline sales. He cannot make his lease payments.
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Related Book For
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F
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