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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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