Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

48. When a buyer agrees to purchase goods, and then breaches the contract to purchase the goods, the measure of damages are generally: a. the

image text in transcribed

48. When a buyer agrees to purchase goods, and then breaches the contract to purchase the goods, the measure of damages are generally: a. the contract price; b. the seller's lost profits on the sale, together with any incidental costs; c. whatever the parties agreed to. d. none of the above. 49. Regarding third party beneficiary contracts, beneficiaries can enforce a contract, while beneficiaries cannot. a, Intended; Incidental; b. Incidental; Intended; c. donee; creditor; d. merchant; consumer. 50. This type of remedy is commonly given when a seller refuses to sell real estate pursuant to a valid contract where they are obligated to do so> A. Injunction; B. reformation; C. force majeure; D. specific performance

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

Controlling Fur Kleine Und Mittlere Unternehmen

Authors: David Muller

2nd Edition

3110514877, 9783110514872

More Books

Students also viewed these Accounting questions

Question

=+What about SRI funds? Why, or why not?

Answered: 1 week ago