Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Acme Inc. (Acme) orders 100 books for $20 each from Dusty Bookshelf, Inc. (DB) using a form purchase order (PO). Acme's PO includes the

image text in transcribed

Acme Inc. (Acme) orders 100 books for $20 each from Dusty Bookshelf, Inc. (DB) using a form purchase order (PO). Acme's PO includes the following term: "Seller must deliver the merchandise to Acme Inc. no later than December 1 because we are selling these books as a holiday special. Time is of the essence!" DB sends a Confirmation to Acme, confirming receipt of Acme's order of 100 books for $20 each. The Confirmation includes "Terms of Sale," including "Seller shall make all reasonable efforts to ensure prompt delivery, and guarantees delivery no later than December 31." The books are delivered on December 23, and Acme is unable to sell most of them because it missed 23 days of pre- holiday sales. Acme brings a lawsuit against DB for breach of contract. Which of the following is the court likely to determine regarding this agreement? Multiple Choice Under the common law, DB substantially performed the contract by delivering the books within the time promised in the Confirmation. Under the common law, DB materially breached the contract because the time for performance was unclear. Under the UCC, DB would not be liable because the UCC is more likely to find that a contract was formed, and the contract was not unconscionable. Under the UCC, DB would be liable for damages because its time of delivery was unreasonable.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To determine the likely outcome we need to analyze the situation under both common law and the Unifo... 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

Strategic Management Formulation Implementation And Control

Authors: John A Pearce , Richard B Robinson Jr

9th Edition

0072980079, 978-0072980073

More Books

Students also viewed these General Management questions