Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION Company A shall sell a batch of silk textiles at a price to company B. Please answer before the end of May whether you

QUESTION

Company A shall sell a batch of silk textiles at a price to company B. Please answer before the end of May whether you accept it. On 10 May, firm B declared your requested pricing too expensive. The price should be lowered, please. The market conditions altered half a month later. On 25 May, Company B indicated that it accepted your offer whereas company A neglected to sell and sold to company C that. What is your answer that the company A is on default?

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

Step: 3

blur-text-image

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

Business Law and the Legal Environment

Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Sanchez Abril

8th edition

1337404667, 1337404662, 9781337404532, 1337404535, 978-1337736954

More Books

Students also viewed these Law questions