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Law Samantha had a contract to sell 100 bunk beds to Bernie for a total of $100,000. Delivery was to take place on November 1
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Samantha had a contract to sell 100 bunk beds to Bernie for a total of $100,000. Delivery was to take place on November 1 t . On October 30th. Bernie contracted Samantha and told her that he no longer wanted the tables. Samantha then sells the tabies to Oscar for a price of $92,000. In addition, it would cost an extra $4,000 in postage to send the tables to Oscar, who is based in Alaska Which of the following best summarized the monetary damages that Samantha can collect from Bernie? $8,000 only, since it is the difference between the contract and the resale price. (B) $12,000, the difference between the contract and the sale price, plus the incidental damages of the extra postage. \$12,000, the difference between the contract and the sale price, plus the consequential damages of $4,000 for lost postage and profits. (D) Nothing, because the seller should have waited until November 1" to give the buyer a chance to reconsider. leff signed a contract where he would purchase 1,000 cans of Ramble Chicken Noodle Soup from Sam for $550. Delivery would take place three weeks after the date the contract was signed. On the delivery date, Sam sent only 850 cans, telling Jeff that from the date the contract was signed, he "only wanted to" send 850 instead of 1,000 because jeff is an Islanders fan. If jeff wishes to discharged the contract, will he be successful? Yes, because Sam materially breached the contract. No, because Sam did not materially breach the contract. Yes, because Sam failed to perform a condition. No, because Sam materially performed the condition. Generally, the biggest difference between a limited liability company (LLC) and a traditional partnership is: Managers in an LLC have the right to vote dividends for stock while partners do not. (B) Managers in an LLC are subject to double taxation, while partners are not. Managers in an LLC have limited personal liability as to most obligations, while partners have unlimited personal liability. Managers in an LLC have no personal liability with respect to any obligation of the LLC, while partners have limited personal liability Step by Step Solution
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