Preview

Business Law

Satisfactory Essays
Open Document
Open Document
359 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Law
2) Is Bright entitled to specific performance because of the unique nature of the goods?
Yes, the seller should cure the nonconforming goods for the buyer. If the buyer accepts the sellers re-tempt to make another delivery because the nature of the circumstance, it would need to be done within the time for performance expires. (UCC 2-508; 2A-513)
4) Hoselton did not have a chance to cure the defects. Is Hoselton correct? No, the buyer is given the opportunity to inspect the goods. If problems arise over “in accordance with the contract” usage of trade, the course of dealing and performance and general circumstances must be given consideration to help determine the meaning of these words (UCC 2-302). If the goods or the delivery fails to conform to the contract, there is no duty on the part of the buyer to accept or pay.
6) Under what circumstances will Saxby not be able to recover the price if it seeks this remedy instead of other possible remedies?
It wouldn’t be wise for the seller to sue to recover the purchase price when the buyer accepts the goods and refuses to pay for them because he is insolvent. Saxby will not be able to recover the price if it seeks this remedy. The seller should sue to reclaim the goods from the buyer.
8) What rights, if any, does Berry have under these circumstances?
The buyer may lose the right to revoke or reject goods that are nonconforming by failing to inspect them in a timely manner. When the buyer accepted the goods, signifies to the seller or lessor in words or by conduct that the good are conforming or that the goods will be taken despite their nonconformity.
10) Should Salim recover damages from McGregor?
Yes Salim will be able to recover damages for this agreement because it is a unique good that is hard to re-sell. The buyer is breaching the contract and the seller may demand damages for this specific performance not sold. The buyer waiting to late to notify the seller that he was no longer interested on the

You May Also Find These Documents Helpful

  • Good Essays

    e. The seller does not have significant obligations for future performance to directly bring about resale of the product by the buyer.…

    • 723 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Chapter 11 Business law

    • 475 Words
    • 2 Pages

    Signal won’t necessarily succeed on his claims. “Acceptance of the goods prevents the buyer or lessee from exercising the right of rejection, but it does not necessarily prevent the buyer or lessee from pursuing other remedies” (Business Law Today; page 337). In some circumstances, a buyer or lessee are allowed to revoke their acceptance of the goods. The revocation of acceptance is not effective until the seller has been notified. The seller must also be notified within a reasonable time after the buyer discovers or should have discovered the grounds for revocation. Tuner noticed cartons with scrape marks and right away questioned Signal, but Signal assured they would not be damaged. A couple days later Tuner’s stocker opens some cartons and then discovers the damages, notifying Signal. Two days later is within a reasonable time. Therefore Tuner has not breached for accepting the goods. He could now keep the goods and recover damages caused by…

    • 475 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The case focuses on a sales agreement with multiple deliverables. The critical issue is determining…

    • 2081 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Gregory Wessel's Case

    • 126 Words
    • 1 Page

    I agree with you that Wessel would win the case against Gregory because Gregory did breach the contract. You make an interesting point about only having to pay Wessel for the $500 in compensatory damages. I still believe that he is entitled to $750 in consequential damages, which is the damages the buyer experiences as a result of the seller’s breach with respect to a third party. Wessel had made special guest appearances as the result of his prior appearance on Comedy Hour. Gregory was aware of Wessel’s guest appearances and it was likely that this sort of loss could occur if Gregory breached the contract. In conclusion, Gregory is responsible for both damages caused to Wessel and entitled to the entire amount of $1,250.…

    • 126 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    sab104

    • 403 Words
    • 2 Pages

    The customer is allowed to cancel the arrangement when a seller delivers a product that the customer has not yet agreed to purchase or delivers a product that does not meet the specifications of the customer’s order…

    • 403 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Business Law Contracts

    • 265 Words
    • 2 Pages

    With regard to the automobile purchase contract, after signing the contract, the neighbor decided that she did not wish to sell her car and refused to complete the transaction. Cyril attempted to purchase a similar car elsewhere, but the car was a vintage automobile which was not available on the open market. Cyril sued the neighbor for specific performance of the contract. Discuss the probable outcomes of the lawsuits.…

    • 265 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Yea Budyy

    • 773 Words
    • 4 Pages

    Revocation of acceptance. The buyer had accepted the goods but could revoke acceptance if (1) the defects substantially impaired the value of the washers; and (2) the defect was not readily discoverable until after the sales to customers occurred. [Aetna Chemical Co. v. Spaulding & Kimball Co., 126 A. 582 (Vt.)]…

    • 773 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Case Study: Trademark Inc.

    • 1947 Words
    • 8 Pages

    If an entity sells its product but gives the buyer the right to return that product, revenue from the sales transaction shall be recognized at time of sale only if all of the following conditions are met:…

    • 1947 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    RATIONALE: The court holds in favor of the defendant, Cut Above concerning damages resulting from the plaintiffs, Angels, failure to perform. The buyer may withhold those damages from any payment of purchase price remaining due (U.C.C. 2-717), but will be denied damages absent timely notice of breach to the seller (U.C.C. 2-607(3)(a)). Cut Above made timely inquires…

    • 474 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Business Law

    • 394 Words
    • 2 Pages

    Steve often purchases office supplies from Supplymax. a company with stores in many states, but none in Steve home state of Missouri. Supplymax does, however, maintain a distribution center in Kansas City. Missouri. Supplymax does not advertise in Missouri except that it places a few advertisements in national magazines. Some of which are sold in Missouri. Steve has an agreement with their store in Chicago. and Steve will often contact the Chicago store and have them hold items for him to pick up when he is on one of his frequent business trips to Chicago. Last year. Steve purchased eight chairs from Supplymax to use with his Conference table at his business. At a recent meeting with his local sales staff. One of the chairs collapsed injuring Steve. Steve has sued Supplyimax in state court in his hometown of St Louis. Supplymax does not want to have this case heard in Si. Louis. Or anywhere in Missouri for that matter. But if it must be in Missouri. Supplymax demands that the case be heard in Kansas City. Discuss the issues and likely outcome of his situation.…

    • 394 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Absolute Essay

    • 940 Words
    • 4 Pages

    In the instance where an individual will act as they feel and not per universal absolute truth, then the individual may decide not to pay for the services rendered to them or merchandise that they procured because that is how the individual feels about the situation even if the renderer of service or seller may feel that they ought to be paid for their services or goods. They feelings in this case are only true to them and not the buyer as the buyer has a different feeling about the situation.…

    • 940 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sale of Goods Act

    • 2523 Words
    • 11 Pages

    In contracts for the sale of goods and supply of services certain basic provisions are implied by statute in order to provide protection to purchasers. The main provisions derive from the Sale of Goods Act 1979 and the Supply of Goods and Services Act 1982. Section 12 of The Sale of Goods Act protects purchasers where the seller does not have the right to sell the goods. Section 13 relates when the goods are sold by description there is an implied term that the goods will correspond to that description. Section 14 of the Act ensures that businesses must sell goods that are of satisfactory quality and fit for their purpose. Where the goods are sold by sample there is an implied term in Section 15 that the goods will correspond to the sample in quality…

    • 2523 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    3. Sales of Goods Act • Insolvency of the buyer and risk of loss • A sale is subject to the imposition of sales tax at the time of a contract of sale while sales tax is not leviable on a hire purchase until it is finally converted into a sale. Sale and bailment Sale and barter exchange Difference between a condition and a warranty (a)Purpose (b)Difference as to breach (c)Difference as to treatment (d)Essence of the contract of sale (e)Damages Express & Implied conditions in a contract of sale (Sections 14-17) a. Condition as to title [Section 14(a)] b. Condition as to sale by description [Sec.15] c. Condition as to sale by description as well as by sample d. Condition as to sale by sample [Section 17] e. Condition as to quality or fitness [Sec. 16(1)] f. Condition as to…

    • 1781 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Refunds and exchanges are another form to protect consumers. When an implied condition is broken the seller may offer to repair the goods or exchange them. Consumers have the right to insist on a refund and this choice lies with the purchaser not the seller or manufacturers. Refunds are the consumer’s choice as consumers are protected to a greater extent and these rights are protected under the law.…

    • 497 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Sale of Goods Act

    • 12457 Words
    • 50 Pages

    Quality and fitness of the goods. 14. Quantity of goods. 15. Delivery concurrent with payment.…

    • 12457 Words
    • 50 Pages
    Powerful Essays