Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.Assume that Buyer wrongfully rejected a conforming tender and that Seller resold the goods. Because of a change in market conditions, the goods sold for

1.Assume that Buyer wrongfully rejected a conforming tender and that Seller resold the goods. Because of a change in market conditions, the goods sold for more than the original contract price. Any amount over the contract price belongs to the ________.

a.seller

b.buyer after incidental damages are deducted

c.buyer after consequential damages are deducted

d.buyer after both incidental and consequential damages are deducted

2Goods, such as bulk agricultural commodities that are sold by weight and measure, are classified as ______ goods.

a.divisible

b.fungible

c.indeterminate

d.inchoate

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Business Law

Authors: Jeff Rey F. Beatty, Susan S. Samuelson

3rd Edition

978-0324826999, 0324826990

More Books

Students also viewed these Law questions

Question

=+ b. A change in weather patterns increases the depreciation rate.

Answered: 1 week ago