Question
Disconto, a large appliance retailer in Sao Paolo, Brazil contacts Bailey Appliance, in Miami, Florida, and is interested in purchasing 800 refrigerators. It tells Bailey
Disconto, a large appliance retailer in Sao Paolo, Brazil contacts Bailey Appliance, in Miami, Florida, and is interested in purchasing 800 refrigerators. It tells Bailey that it needs the refrigerators for a major holiday sale that will take place in a few weeks. Bailey agrees to sell the 800 refrigerators for $400,000 ($500 each) and deliver them one week before the holiday. Disconto had planned to sell the refrigerators for $800 apiece and expected to sell all of them, since this was the biggest shopping holiday of the year in Brazil. Unfortunately, the refrigerators do not arrive until just after the holiday is over. Moreover, 100 of the refrigerators would not power up when plugged in. Disconto sues Bailey for damages.
Describe below what types of damages, if any, for which Bailey is liable?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started