Multiple Choice
Carson arranged with his brother-in-law,Waxman,that he would try to buy a famous old B.C.coastal airplane,the Spruce Ghost,which Waxman would then buy from him to display in his flight museum.Waxman promised to pay Carson a 10 percent commission over the price that Carson had to pay to buy the plane,so that their price would be 110 percent of Carson's purchase price.Carson and the owner,Wonka,agreed on a price of $80 000.After reconditioning the plane but before delivering it to Carson,Wonka decided to take it up for one last nostalgic flight and,because of his carelessness,he crashed it on take-off.Although Wonka escaped uninjured,the plane caught fire and was totally destroyed.Carson was able to locate a similar plane for only $60 000 but Waxman wasn't interested.Carson sued his brother-in-law and Wonka.What is the likely outcome of this suit?
A) Waxman will have to pay Carson $8000, the commission on the agreed sale price between Carson and Wonka.
B) Waxman will have to pay Carson $6000 as the commission he would have made on the purchase of the second plane.
C) Wonka will have to pay Carson damages (probably $8000) for breach of contract.
D) Because the contract between Carson and Wonka was frustrated by the destruction of the Spruce Ghost, Carson has no claim against anyone.
E) The Frustrated Contracts Act will require Carson to share in the expense of reconditioning the Spruce Ghost that Wonka had undertaken in preparation for sale.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which of the following would most likely
Q4: Which of the following statements is true
Q5: In which of the following situations would
Q10: Smedlap,a trucker,and Dewdney,a farmer,entered into a contract
Q13: Sam agreed to manufacture and supply 25
Q20: Explain what is meant by specific performance
Q46: "When the court determines that a breach
Q87: "Clean hands" refers to the absence of
Q102: Lack of financial ability, if proven, will
Q109: Victims of breach have a duty to