Pedro Ordered a Custom-Made Suit from Rooks & Sons to Be

question 29

Multiple Choice

Pedro ordered a custom-made suit from Rooks & Sons to be delivered by Friday at 5 p.m.When it is delivered to his office on Friday afternoon,he is in conference with a client.His secretary hangs the suit in the office closet.When Pedro tries on the suit Saturday evening,he discovers that the pants are cuffed.He had ordered cuffless trousers,so he called Rooks & Sons on Monday and informed them that he was returning the suit.What can he do?

• A) He cannot revoke acceptance since the cuffs are not difficult to discover.
• B) He can revoke acceptance because the cuffs substantially impair the value of the goods to him.
• C) He can reject the goods since he had not yet accepted them prior to inspection.
• D) He cannot reject the goods because the cuffs are curable.

---

Definitions:

Private Placement

The sale of securities or investment instruments directly to a select group of investors rather than through a public offering.

Public Offering

The process of offering shares of a private corporation to the public in a new stock issuance, allowing the company to raise capital from public investors.

Confidential

Information that is meant to be kept secret or private between the parties involved, often due to its sensitive nature.

Disclosure

The act of making known or public; in legal and business contexts, it often involves the revealing of previously private information.