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Southeastern Supplies (SS) Is a Manufacturer and Supplier of Office

Question 1

Multiple Choice

Southeastern Supplies (SS) is a manufacturer and supplier of office equipment. SS contracts to sell University of Florida (UF) , a local university, 5,000 UF Gator mousepads at $10 per mousepad for delivery on August 1 and payment of $100,000 due upon delivery. SS gets word from a viable source that UF has had trouble paying its suppliers. If UF repudiates before August 1 (e.g., by failing to assure SS it has the capacity to pay or by failing to pay upon delivery) , UF will __________ of the contract.


A) be in nonconformity
B) be in breach
C) be in conformity
D) None of the choices are correct.

Correct Answer:

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