Asked by Schyler Molloy on May 06, 2024
Verified
The Garden Club orders 40 T-shirts from Shirt City,Inc.to be printed with the club name and motto for a total price of $400.The Garden Club breaches the contract,and Shirt City discovers that the resale value of the shirts is $1 each.Shirt City may sue the Garden Club for the order price of the T-shirts.
Breaches Contract
Occurs when one party fails to fulfill its obligations under the contract, violating the agreement.
Resale Value
The estimated amount for which an item or asset can be sold again in the future, often considered in the context of automobiles, electronics, and real estate.
Sue
This is a legal term referring to the act of bringing a lawsuit against another party in a court of law.
- Recognize the implications of accepting non-conforming goods and the cure options available.
Verified Answer
Learning Objectives
- Recognize the implications of accepting non-conforming goods and the cure options available.
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