Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.Vermont Pottery had a contract with Heidi's Homeware for twelve dozen dinnerware sets to be delivered in four equal installments. Vermont Pottery has made two

1.Vermont Pottery had a contract with Heidi's Homeware for twelve dozen dinnerware sets to be delivered in four equal installments. Vermont Pottery has made two deliveries, for which Heidi's Homeware has not yet paid. A third delivery is in transit on Rapid Lines, a common carrier. Vermont Pottery has learned that Heidi's Homeware is insolvent and that Heidi's Homeware already sold the dinnerware in the first shipment to customers who paid for the goods and took them home. What are Vermont Pottery's rights regarding the goods sold to the consumers?

a.Vermont Pottery can sue Heidi's Homeware for the contract price of the goods.

b.Vermont Pottery can sue Heidi's Homeware only for its lost profits.

c.Vermont Pottery can replevin the goods from the customers because Heidi's Homeware had only voidable title.

d.Vermont Pottery can get a decree of specific performance against the customers.

2.In which of the following circumstances is a seller allowed to stop goods in transit to the buyer?

a. The buyer is insolvent.

b.The buyer made a partial payment before the delivery date.

c.The buyer repudiated the contract under which the goods were shipped.

d.The buyer sues for replevin.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Research Methods Statistics and Applications

Authors: Kathrynn A. Adams, Eva Marie K. Lawrence

1st edition

1452220182, 978-1452220185

Students also viewed these Law questions