Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Amanda agrees to sell Richard her custom hot rod in two weeks. That weekend, Richard sees Xane driving the hot rod around town. He believes

Amanda agrees to sell Richard her custom hot rod in two weeks. That weekend, Richard sees Xane driving the hot rod around town. He believes that Amanda committed a material breach by selling her hot rod to Xane instead. Unbeknownst to Richard, Xane is Amanda's mechanic and is performing a test drive after performing routine maintenance. Choose the most correct answer.

Group of answer choices

Richard may immediately treat the contract as cancelled because Amanda's action implied that she sold her hot rod to Xane.

Amanda and Richard must conclude their contract, despite Richard putting an offer on a different vehicle.

Richard may take no action, because Amanda did not sell the hot rod to Xane.

Richard may suspend performance because Amanda's action was unequivocal.

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

Business Law Principles for Today's Commercial Environment

Authors: David P. Twomey, Marianne M. Jennings, Stephanie M Greene

5th edition

1305575156, 978-1305887657, 1305887654, 978-1305575158

More Books

Students also viewed these Law questions

Question

Purpose: What do we seek to achieve with our behaviour?

Answered: 1 week ago

Question

An action plan is prepared.

Answered: 1 week ago