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answer following multiple choice questions: _ 35. Square B Ranch and Tom enter into a contract on August l in which Square B agrees to

answer following multiple choice questions: image text in transcribed
_ 35. Square B Ranch and Tom enter into a contract on August l 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. 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, Uni a Alloys hc v Alcoa, inc., Beta is entitled to the proceeds from this sale and 37. a. nothing more. the contract price without subtracting the market price for scrap the difference between the contract price and the market price for processed scrap. the difference between the contract price and the market price for unprocessed scrap. b. c d

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