1.

Mohican Dairy contracts to purchase 1,000 milk cartons with its logo and brand message printed on the cartons. After JDJ Graphics completed the order, Mohican refused to accept or pay for the cartons. Because of the special branding, JDJ could only sell the cartons to another buyer at cost. If JDJ sues Mohican, what is the proper measure of JDJ's damages?

Cover price minus contract price.

Contract price minus cover price.

Contract price minus market value of the goods at the time of delivery.

Contract price.

2.

Chase has a checking account at Hometown Bank. He needs a doghouse built and writes a check to Jake to build it. He writes a check to Jake. In this scenario, Hometown Bank is:

the issuer

the drawee.

the maker.

the drawer.