A Car Owner Enters into a Contract to Buy 50

Multiple Choice

A car owner enters into a contract to buy 50 gallons of gasoline each month in 2002 from Greedy Oil Co.for $1.70 per gallon.By June,the wholesale price of gasoline is $1.80 and the retail price is $1.90.Greedy wants out of the contract.Which of the following is most likely true?

A) Greedy can get out on the doctrine of impossibility.
B) Greedy can get out on the doctrine of commercial impracticability.
C) Greedy cannot get out of the contract,but the car owner must pay the market price.
D) Greedy must sell the gasoline at a loss under the terms of the contract.