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Terry has divorced his husband and they have dissolved their business ventures. One of them is a tee printing operation, Crews' Neck Tees. Crews' Neck
Terry has divorced his husband and they have dissolved their business ventures. One of them is a tee printing operation, Crews' Neck Tees. Crews' Neck Tees generated a small amount of revenue and has been losing money quarter after quarter. Terry agreed to sell his tee printing business to his old college roommate, Danny. The terms of the contract included: Purchase price of $ 15,000, Daniel Trejo to pay Terrance Crews Raw materials (blank t-shirts) included in the sale, Printing plates for unique designs that Terrance had created and copyrighted included in the sale If the contract could not be performed on schedule, the purchase price would be reduced by 5 percent per day late Danny paid the $15,000, but Terry refused to vacate the store as scheduled. Terry finally moved out two days after the contracted date. When Terry moved out, Terry took his printing plates. Additionally, after the contracted date, Terry delivered the wrong raw materials to Danny. Danny, busy with the delay in the move-in, forgot to inspect the raw materials Terry delivered to Danny. To replace the raw materials, Danny has to place a rush, expensive order with another tee shirt merchant, Amy Santiago. Danny lost $800 in profits because he did not have Terry's plates. Danny also spent $500 on marketing his new store and hired two employees for the opening of the business to be ready by the contract date. Terry then set up another, new t-shirt business directly across the street, offering shirts printed with his plates and under the business name Crews' Cut Tees. Discuss if a breach of contract occurred. List the appropriate remedies
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