Question
2.Shasta Corporation contracts to manufacture and sell 100,000 personal computers to New Age, Inc., a retailer of computer equipment. Delivery is to be made two
2.Shasta Corporation contracts to manufacture and sell 100,000 personal computers to New Age, Inc., a retailer of computer equipment. Delivery is to be made two months from the date of the contract. One month later, three suppliers of computer parts raise their prices to Shasta. Because of these higher prices, Shasta stands to lose $ 50,000 if it sells the computers to New Age at the contract price. Shasta writes to New Age, stating that it cannot deliver the 100,000 computers at the contract price. What are New Age's options?
a.Specifically, can New Age sue Shasta for beach?
b.If they can, do they have to wait until the contract's due date to do so?Explain
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