Smith and Roberson’s Business Law
17th Edition
ISBN: 9781337094757
Author: Richard A. Mann, Barry S. Roberts
Publisher: Cengage Learning
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Chapter 9, Problem 1Q
Summary Introduction
To discuss: The legal obligations of O and H.
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Carl has a contract to supply Georgina with a gold necklace based on a design supplied by Georgina, to be delivered to Georgina on May 31. The contracted price is £500, payment due on delivery. On May 2, Carl contacted Georgina and mentioned that the price of gold had risen to such an extent that he would make a loss on the contract. On May 4 Carl contacted Georgina again and said: “I’m sorry Georgina but I’m running a business here not a charity. I can’t supply the necklace, I suggest you look for a different supplier”.
Question
Think whether or not Carl has committed an anticipatory or an actual breach, or indeed any breach at all. Do you remember what an anticipatory breach is?
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Happee offered to sell her laptop to Kofi Brokeman for GH¢1,200 and Kofi Brokeman replied by offering to purchase the laptop for GH¢600. Happee refused to sell for GH¢600. Kofi Brokeman then wrote to Happee agreeing to pay the said GH¢1,200 but she still refused to sell. Happee immediately sold the laptop to her boyfriend, Kwame Showboy at GH¢300.Kofi Brokeman sued Happee for breach of contract. what is the relevant laws here?
Ed win sells a sofa to Jack for $800. Edwin and Jack both know that the sofa is in Edwin’s warehouse, located approximately ten miles from Jack’s home. The contract does not specify the place of delivery, and Jack insists that the place of delivery is either his house or Edwin’s store. Is Jack correct? Why or why not?
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Smith and Roberson’s Business Law
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