BUL 4310 FINAL EXAM { 3 DIFFERENT
VERSIONS COMBINED} QUESTIONS
AND CORRECT DETAILED ANSWERS
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Terms in this set (53)
,• If I enter into a o Yes
contract with o It's the difference between contract
someone to buy 10 and market price
barrels of nails, at
$5 a barrel, and
they don't
delivery; they
breach the
contract. So I have
to go out and buy
those nails at a
higher price $7.50
a barrel, have I
suffered any
damages? How do
I measure that?
, • What if he o Yes, but I have to show (evidence)
doesn't deliver the that the other party knew beforehand
nails and because that if he didn't deliver I was going to
he doesn't deliver, suffer those consequential damages
not only do I have o Common law and UCC require that
the $2.50 you tell him beforehand of these
difference, but I possible consequential damages
suffer o If not, all you'll get is the difference
consequential between market and contract price
damages (I have
to pay penalties
b/c I didn't get
thing done in time
and I lose
customers). Can I
get those
consequential
damages?
VERSIONS COMBINED} QUESTIONS
AND CORRECT DETAILED ANSWERS
TOP RATED VERSION FOR ALREADY
A+ GRADED WITH EXPERT FEEDBACK
| NEW AND REVISED
Save
Terms in this set (53)
,• If I enter into a o Yes
contract with o It's the difference between contract
someone to buy 10 and market price
barrels of nails, at
$5 a barrel, and
they don't
delivery; they
breach the
contract. So I have
to go out and buy
those nails at a
higher price $7.50
a barrel, have I
suffered any
damages? How do
I measure that?
, • What if he o Yes, but I have to show (evidence)
doesn't deliver the that the other party knew beforehand
nails and because that if he didn't deliver I was going to
he doesn't deliver, suffer those consequential damages
not only do I have o Common law and UCC require that
the $2.50 you tell him beforehand of these
difference, but I possible consequential damages
suffer o If not, all you'll get is the difference
consequential between market and contract price
damages (I have
to pay penalties
b/c I didn't get
thing done in time
and I lose
customers). Can I
get those
consequential
damages?
