Multiple Choice
Master Glue Hairspray,Inc.contracts to purchase 100 umbrellas with its logo and slogan,"A spray a day keeps the rain and wind away!" specially printed on the umbrellas and its 1-800 telephone number on the umbrella handle.After the seller completes the order,Master Glue refuses to accept or pay for the umbrellas.Because of the special logo and telephone number,the seller has been unable to find a new buyer.If the seller sues Master Glue,what is the proper measure of the seller's damages?
A) Contract price minus market value of the goods at the time of delivery
B) Contract price
C) Lost profits
D) Cover price minus contract price
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Reba orders a pair of custom-made cowboy
Q15: Wimble ordered 1,000 pro-quality luminescent orange tennis
Q16: Family Time Restaurant has a contract with
Q17: The UCC includes sections that limit the
Q18: Matson agrees to purchase 500 wooden chairs
Q23: Under the "perfect tender rule" the buyer
Q28: Turtle World orders 200 small sea turtles
Q30: Under the UCC,the seller's right to correct
Q33: If a buyer does not receive goods
Q36: Identify the possible remedies for a seller