Solved

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

Question 12

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. If UF breaches before accepting the goods, SS has the following options for remedies:


A) Resell the goods at fair market value to another party
B) Return the goods to the supplier
C) Sue for the purchase price if a resale is unsuccessful or not feasible due to the unique nature of the goods
D) Resell the goods at fair market value to another party and sue for the purchase price if a resale is unsuccessful or not feasible due to the unique nature of the goods

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions