Question
1) In the past six months, Supplier has made late deliveries to many customers and a good portion of the goods delivered have been defective.
1) In the past six months, Supplier has made late deliveries to many customers and a good portion of the goods delivered have been defective. Buyer is worried that an important scheduled delivery will be late or nonconforming. He sends a written request to Supplier asking for confirmation that the contract terms will be met. Buyer has exercised the remedy of ______.
a. cure
b. cover
c. specific performance
d. adequate assurances
2) The buyer's right to obtain goods from another source after the seller's breach is the right to ______.
a. cover
b. cure
c. replevin
d. specific performance
3) If a buyer elects not to cover when a seller repudiates the contract, which of the following will occur?
a.The buyer loses the right to collect any damages from the seller.
b.The buyer is liable to the seller for the seller's incidental damages.
c.The buyer can sue the seller for the difference between the contract price of the goods and the market price of the goods at the time the buyer learned of the breach.
d.The buyer can sue the seller for the difference between the contract price of the goods and the market price of the goods at the time performance is due.
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