Multiple Choice
Klint Microsystems, a microprocessor manufacturer, was contracted by Zeitar Studios to manufacture specially designed microchips to be used in an audio engineering process.Zeitar was to pay Klint $300, 000 as per the contract.Klint decided to redesign their existing microchips and make them suitable for Zeitar.While the finished microchips were being shipped via a carrier, Klint was informed of Zeitar's insolvency.Klint cancelled the shipment before it was delivered.Klint then resold the chips to another Studio where they had to settle for $150, 000, as the chips were now only suitable for specific audio engineering processes.
-What legal action can Klint take against Zeitar?
A) sue and recover lost profits
B) sue to recover purchase price
C) get a court order asking for specific performance
D) exercise the buyer's right to cover
Correct Answer:

Verified
Correct Answer:
Verified
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