96.) Which is not a remedy available to the seller of goods if the buyer breaches?

A. Withholding the goods.

B. Cancel the contract.

C. Punitive damages.

D. Compensatory damages.

97.) Common law requires an exact agreement, a "__________________ " between the

offer and the acceptance.

98.) ________ terms explain who bears the risk of loss and when the risk of loss passes.

99.) The Blackacre Bandits Baseball team has 3 years left on the lease of their stadium with the city. The Bandits have a new owner that plans to move the team to Greenacre next year. The city stands to make a total of $600,000 from lease payments over the next 3 years. The Bandits want to move and simply pay the city the money. The city doesn't want the money but instead asks a judge to force the Bandits to play out the rest of their games in the stadium until the lease is finished. The city is asking the judge for the remedy of:

A. Punitive Damages.

B. Replevin.

C. Mitigation Damages.

D. Specific Performance.

100.) A merchant buyer telephoned a merchant seller and placed an order for $3,000 worth of goods. The merchant seller promptly sent a written confirmation of the telephone conversation/agreement to the buyer. Two weeks later the seller shipped the goods. The buyer refused to accept the goods or to pay for them, denying that an enforceable contract exists due to the statute of frauds. In this case, which of the following statements is most accurate?

A. The written confirmation sent by the seller is binding on the seller, but not on the buyer.

B. The written confirmation sent by the seller is binding on the buyer, but not on the seller.

C. The written confirmation is binding on both parties since both are merchants.

D. The written confirmation is not binding on either party