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 right to remedy did Klint exercise when selling the microchips to another studio?
A) right to claim lost profits
B) right to cover
C) right to dispose of goods
D) right to recover damages
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Under the perfect render rule, the buyer
Q3: In which of the following does a
Q6: Damages that will be paid upon a
Q8: Which of the following would be considered
Q9: A sales contract requires the seller to
Q12: Which of the following is true for
Q21: A(n) _ can be obtained in writing
Q28: For noncarrier deliveries, if the seller or
Q53: The right to withhold delivery is available
Q62: The right to cure rule can be