QUESTION 20 On March 1, Stanley Black & Decker (SBD), a tool manufacturer, agreed in writing to sell 1,000 contractor grade cordless reversible drills to ACE, a hardware retailer, for $50,000. ACE agreed, in writing, to buy the goods on the stated terms. Suppose SBD suddenly finds itself without sufficient inventory of the contractor grade drills and ships 700 contractor grade drills and 300 good quality drills with the following note: "Due to a temporary inventory shortage, we have sent 700 of the ordered drills and 300 of good quality drills under the belief that you will find them of value to you and acceptable. If you do not, we will guarantee return shipping at our expense. It is our intent to send the remaining 300 contractor grade drills within 10 days." Which of the following statements is true with respect to the rights of the parties? 1. Ace may immediately reject the 700 contractor grade drills and seek damages for cover. II. Ace may immediately reject the 300 good quality drills and seek damages for cover. III. SBD has a reasonable time to ship the remaining 300 contractor grade drills without breaching the contract. O A. I and Il O B. I and Ill O c. II, only O D. II and Ill O E. III, only Click Save and Submit to save and submit. Click Save All Answers to save all answers