Chapter 10 The Law of Contracts and Sales - II

Due Date: Refer to your course calendar. All assignments are due by 11:00pm

Submit questions and answers, not just your answers.

Please answer the following questions with complete sentences.

Points will be deducted if answers are not in complete sentences.

What is the purpose of compensatory damages?

Define objectively impossible.

What is a seller required to do under the perfect tender rule?

What are the exceptions to the perfect tender rule as stated by UCC?

Refer to the Plante v. Jacobss case: What reasons did the court provide to prefer the diminished-value rule instead of the cost-of-replacement rule, specifically in relation to the dispute about the living-room wall.

The courts have set out three standards that the plaintiff-buyer must meet in order to recoup lost profits. List the three standards.

Why would a court order specific performance?

What must a plaintiff generally do to obtain specific performance?

What is the purpose of the Uniform Computer Information Transaction Act (UCITA)?

What does the CISG covers?