A and B Agree in Writing That a Will Sell

question 59

Multiple Choice

A and B agree in writing that A will sell to B $5000 in widgets by September 1.On August 28th,B tenders payment of the $5000.00 on A,who refuses to accept it and later refuses to deliver the widgets to B because their value went up after the contract was entered into.In this case,if A sues B for breach of contract and B successfully counterclaims for specific performance

• A)A is in breach of contract and B will only have to pay the $5000.00,but no interest or costs.
• B)by not continuously trying to ensure that A accepts the $5000.00,B is in breach of contract.
• C)A is in breach of contract and B is not bound to do anything more.
• D)the contract is at an end.
• E)none of the above

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Definitions:

Stereotype Threat

The risk of conforming to stereotypes about one's social group, which can hinder performance in various domains.

Racial Bias Effect

The tendency to process information or make decisions in a way that favors one racial group over others.

Ultimate Attribution Error

The tendency to internally attribute behaviors of individuals in an outgroup to their character while attributing in-group members' behaviors to external situational factors.

Ingroup Success

The achievements or positive outcomes attained by one's own group, leading to a sense of collective pride and unity.