Solved

Thelonius Agreed to Purchase an Antique Piano from Ruby

Question 58

Essay

Thelonius agreed to purchase an antique piano from Ruby.He was required to pay the purchase price of $100 000 by cheque on June 1, and she was required to deliver the instrument on June 15.On June 1, Thelonius appeared at Ruby's place of business with a cheque for $100 000.However, because she was having second thoughts about actually delivering the piano to Thelonius, Ruby refused to accept his cheque.Explain the consequences of that refusal in terms of Thelonius's obligation to make payment.

Correct Answer:

verifed

Verified

As a general rule, a party that is oblig...

View Answer

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

Related Questions