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Jack agrees to buy a car from Mike's Motors for $6,000. Mike paid $5,500 for the car. On the agreed day, Jack arrives at the
Jack agrees to buy a car from Mike's Motors for $6,000. Mike paid $5,500 for the car. On the agreed day, Jack arrives at the dealers, but refuses to accept or pay for the car. In the meantime, the car's market value has risen to $7,000. The following week Mike sells the car for $7,500. Mike claims against Jack for damages. How much is he likely to be awarded. Explain your
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Business Law Principles and Practices
Authors: Arnold J. Goldman, William D. Sigismond
9th edition
1133586562, 978-1285632995, 1285632990, 978-1285675367, 978-1133586562
