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Answer following multiple choice questions: 30. Internet Caf es, Inc., contracts to buy all of its requirements for coffee, at a minimum of 1 million

Answer following multiple choice questions:image text in transcribedimage text in transcribed

30. Internet Caf es, Inc., contracts to buy all of its requirements for coffee, at a minimum of 1 million pounds rom Java Corporation for six years. After three years, Internet tells Java that it plans to sell its per year, f assets to Kwik Eateries, Inc. Kwik refuses to assure Java that it will continue Internet's contract. Under the reasoning of the court in Case 17.2, Koch Materials Co. v. Shore Slurry Seal, Inc., Kwik's refusal constitutes a. a justified response based on Kwik's relation to the contract. b. an assignment of Intermer's rights under the contrmect a reasonable suspension of performance under the contract. a repudiation of the contract. c. d. 35. Square B Ranch and Tom enter into a contract on August 1 in which Square B agrees to sell 200 cattle to Tom. Tom cancels the contract ten days later. Square B is entitled to a force Tom to accept the cattle and recover the contract price b. keep the cattle and recover the contract price from Tom. c. recover any resulting damages from Tom. d. none of the above 36. On May 1, A-Plus Auto Sales agrees to sell a car to Bob. Five days later, Bob cancels the contract. A-Plus is entitled to a. force Bob to take the car b. recover any resulting damages from Bob but not resell the car. c. resell the car and recover any resulting damages from Bob. d. resell the car but not recover any damages from Bob. 37. Acme, Inc., buys scrap metal from Beta Resources, Inc., to process and sell. Their contract provides for an annual review of the price. When the processed scrap's market value decreases, the parties continue to ship and process the scrap while they review the price. During the negotiations, Acme does not pay Beta Unable to agree on a price, Beta ends the deal, retrieves the scrap that was shipped and processed but not paid for, and sells it. According to the court's ruling in Case 17.3, Utica Alloys, Inc. v. Alcoa, Inc., Beta is entitled to the proceeds from this sale and a. nothing more. b. the contract price without subtracting the market price for scrap c. the difference between the contract price and the market price for processed scrap d. the difference between the contract price and the market price for unprocessed scrap

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