Grace contracts to deliver 5,000 MVP Watches to Annabelle for a price of $100,000. Upon delivery, Annabelle discovers that 2550 of the watches do not work. Which of the following is correct under traditional rules? A material breach has occurred, and Annabelle can ship back the entire amount of watches. (B) A minor breach has occurred, and Annabelle can ship all the watches back. (C) A material breach has occurred, but Annabelle can ship only the 50 watches back. She must pay for the rest. A minor breach has occurred, and Annabelle can ship only the 50 watches back. She must pay for the rest