Question
Aragon LLC contracted for Bee Inc. to transport meat products from Michigan to Kentucky by a certain date. In breach of contract the meat was
Aragon LLC contracted for Bee Inc. to transport meat products from Michigan to Kentucky by a certain date. In breach of contract the meat was delivered late. In the meantime the price of meat had fallen and Aragon LLC obtained far less for the meat than it would have done if it had been delivered on time.
Which of the following is correct?
Aragon LLC contracted for Bee Inc. to transport meat products from Michigan to Kentucky by a certain date. In breach of contract the meat was delivered late. In the meantime the price of meat had fallen and Aragon LLC obtained far less for the meat than it would have done if it had been delivered on time.
Which of the following is correct?
Aragon LLC is not entitled to damages because the loss was too remote.
Aragon LLC is entitled to be compensated in respect of the difference between the price it could have obtained had the meat arrived on time and the amount actually received.
Aragon LLC is entitled to nominal damages only because it was not the fault of Bee Inc that the price of meat fell.
Aragon LLC is not entitled to damages as the contract was frustrated as the loss was due to matters outside the control of the contracting parties.
Aragon LLC is entitled to reformation of the contract to reflect the new meat price.
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