Cion 3 ed out of Val's Foods signs a contract to buy 1,500 pounds of basil from Sun Farms. Suppose Sun Farms is able to ship only 1,475 pounds to Val's. Which of the following is rue? O a. Sun Farms breached the contract. Ob. Sun Farms substantially performed the contract. O c. Sun Farms is obligated to mitigate damages by purchasing the remaining 25 pounds of basil from the open market, regardless of cost. Malcolm Industries, Inc. has a contract with Stellar Steel, Inc. to receive 10,000 pounds of steel to Malcolm's place of business on or before May 1. On April 1, United receives a letter from Stellar informing them that Stellar will not be able to make the delivery as scheduled. Malcolm's President is very upset, as he has a large contract with General Tsao and now he won't meet his deadline. Can Malcolm immediately sue Stellar for breach of contract (on April 2) or must it wait until May 1, and when can Malcolm purchase steel from another company to mitigate its damages? a. Malcolm must wait until May 1 to verify that Stellar will not perform; only then can it purchase alternative steel in the open market. O b. Malcolm may sue for breach of contract on April 2, and immediately purchase alternative steel in the open market. C. Malcolm must wait until May 1 to sue for breach of contract, but must wait until they win their lawsuit before purchasing alternative steel in the open market. Od. Malcolm may sue for breach of contract on April 2 but must wait until they win their lawsuit before purchasing alternative steel in the open market. Val's Foods signs a contract to buy 1,500 pounds of basil from Sun Farms.S uppose that Sun Farms sells its operations to Happy Valley Farms. As a part of the sale, all three parties agree that Happy Valley will provide the basil as stated under the original contract. This is called a Oa. Delegation. b. Novation. question c. Rescission. d. Accord and Satisfaction