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You have made a contract in January with a manufacturer to supply certain locomotive engine parts with delivery by April. In February, you receive a
You have made a contract in January with a manufacturer to supply certain locomotive engine parts with delivery by April. In February, you receive a phone call from the manufacturer who advises you that they can not supply the parts until August at the earliest. Date of delivery is a condition of the contract.
Questions:
1. | Does a contract actually exist? Explain. |
2. | Is this a breach of warranty or condition? Please explain. |
3. | Under what circumstances can the contract continue? |
4. | How can a Purchaser protect themselves in this instance? |
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