Question
41. Meyer's Grocery signed a contract to build a store in Richmond, Kentucky. Soon afterward, Meyer's breached the contract. Which of the following can sue
41. Meyer's Grocery signed a contract to build a store in Richmond, Kentucky. Soon afterward, Meyer's breached the contract. Which of the following can sue Meyer's to enforce the contract?
A. a local home improvement store that hoped to sell building materials to the construction crew
B. neighborhood residents who were looking forward to shopping at Meyer's
C. the operator of a food truck, who intended to sell lunch to the construction crew
D. None of these are correct.
42. Harris, who owes Nathan $4,000, sells Bethany a used car for $5,000, payable in 30 days. Harris immediately tells Nathan that she doesn't have the money she owes him, but she is willing to give him her claim to Bethany's $5,000. Nathan agrees and gives up his claim against Harris for $4,000, and Harris notifies Bethany of the assignment. In this case, Bethany is best described as the
A. assignee.
B. assignor.
C. obligor.
D. obligee.
55. Al contracted to sell his house to Bev. Subsequently, they both changed their minds and decided to cancel the contract. The contract between Al and Bev is discharged by
A. full performance.
B. agreement.
C. accord and satisfaction.
D. novation.
67. Which of the following would be considered a merchant under the UCC?
A. A woman sells her pistol to someone responding to a classified ad.
B. A man who owns a jewelry store sells his used car to a neighbor.
C. A gun dealer sells a rifle to someone who enters his shop.
D. All of these are correct.
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