Two people M and L, contracted with the company IO to renovate their kitchen. The delivery of some new cabinets was defective. The persons M and L asked for the replacement of the defective cabinets but before the arrival of new cabinets, the association between the two broke down. The persons M and L suggested the company IO to clear out the cabinets and return the payment with installation fee. The company IO denied and emphasized to fulfill the contract. To find: Applicability of the buyer’s right to revoke the acceptance.

Question

Rachel had a fire loss in her condominium unit. As a result of the heat, Rachel's fish tank broke and the two exotic fish worth $5000 died. Rachel has a Condominium Comprehensive Form subject to a deductible of $500. Will the fish be covered under the policy and if so how much would Rachel be entitled to? Yes, Rachel would receive a claim payment of $4,500. Yes, however, Rachel will not receive any payment due to special limits of insurance. No, Rachel will not receive any payment as this loss is an exclusion under Rachel's policy. No, Rachel will not receive any payment as the fish was not a scheduled item on the policy.

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Question

Chapter 14, Problem 8BCP

Summary Introduction

Case summary: Two people M and L, contracted with the company IO to renovate their kitchen. The delivery of some new cabinets was defective. The persons M and L asked for the replacement of the defective cabinets but before the arrival of new cabinets, the association between the two broke down. The persons M and L suggested the company IO to clear out the cabinets and return the payment with installation fee. The company IO denied and emphasized to fulfill the contract.

To find: Applicability of the buyer’s right to revoke the acceptance.

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