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After submitting the high bid at a judicial foreclosure sale, Breanna entered into a contract to purchase real property in Massachusetts for $200,000. Breanna defaulted

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After submitting the high bid at a judicial foreclosure sale, Breanna entered into a contract to purchase real property in Massachusetts for $200,000. Breanna defaulted (failed to pay) the full amount due on the contract, so a state court ordered the property to be resold at Breanna's expense. After submitting the high bid at the second judicial foreclosure sale, Jainey entered into a contract to purchase the property for $175,000. Jainey defaulted (failed to pay) on the contract, so the court ordered the property to be resold. The third judicial foreclosure sale resulted in Derek entering into a contract to purchase the property for $150,000. a. Breanna will be responsible for $25,000 in compensatory damages for breaching the contract. b. Jainey will be responsible for $25,000 in compensatory damages for breaching the contract. Both Breanna and Jainey will be responsible for consequential damages that flowed directly from their own breach of contract such as attorneys foes and costs associated with a new foreclosure sale. d. All of the above C. Henry enters into a written contract with Happy Tent Rental in the amount of $5,000 for the delivery and set up of a large tent, 100 tables and 800 chairs for a large retirement party he is hosting for his father on June 1. Happy Tent Rental calls Henry on May 30 to inform him that they are not able to perform their obligations under the written contract they have with Henry. Thankfully on May 31, Henry is able to secure a written contract with Rainbow Tent Rental for the last minute delivery and set up of a large tent, 100 tables and 800 chairs, but has to pay Rainbow Tent Rental $15,000 Which of the following statements below is correct? a. If Henry sues Happy Tent Rental and is successful, he is entitled to $10,000 in compensatory damages Ob. If Henry sues Happy Tent Rental and is successful, he is entitled to punitive damages. c. If Henry sues Happy Tent Rental and is successful he is entitled to hominal damagos. d. If Henry sues Happy Tent Rental, their best defense is that Henry paid too much for the tent, tables and chairs from Rainbow Tent Rental QUESTION 9 Which of the following statements is FALSE? Article 2 of the Uniform Commercial Code (UCC) deals with the sales of goods Many contracts involve the sale of both goods and serivloes, which is known as a mixed sale, The UCC covers all real estate contracts, service contracts and employment contracts. In a mixed sale, the UCC would only apply if the sale of goods is the predominant part of the transaction

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