Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Please answer all questions, I promise to like the answer! Fact Pattern 12-1 A-One Construction Company enters into a contract with Ben to remodel Carol's

image text in transcribedPlease answer all questions, I promise to like the answer!

Fact Pattern 12-1 A-One Construction Company enters into a contract with Ben to remodel Carol's Home Store, using products from Delta Building Supplies. Eats Cafe is next to Carol's Home Store. The remodeling is a gift from Ben to Carol. a. c. 15. Refer to Fact Pattern 12-1. Delta will realize a profit from the sale of products to A-One to remodel Carol's store. Delta is a delegatee b. an assignee. an incidental beneficiary. d. an intended beneficiary. 16+Jill contracts to sell Ken her MP3 player for $50. This contract will be fully discharged when Jill and Ken a. agree to sign a bill of sale. b. exchange the player for the $50. c. sign a receipt. d. shake hands and go their separate ways. 17. Ira and Jill can discharge their contract through novation. This requires an agreement by all of the parties to a new contract. b. an express discharge of the contract. c. performance of all of the terms by all of the parties. d. performance of all of the terms by only one of the parties. O a. 18. Kris contracts to work exclusively for Local Company during May for $5,000. On April 30, Local cancels the contract. Kris finds another job during May but earns only $3,000. Kris files a suit against Local. As compensatory damages, Kris can recover a. $3,000. b. $2,000. c. $1,000. d. nothing

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Jane L. Reimers

1st Edition

0131492012, 978-0131492011

More Books

Students explore these related Accounting questions

Question

Who is your key public?

Answered: 3 weeks ago