Use This Fact Situation to Answer the Questions That Follow

question 91

Multiple Choice

Use this fact situation to answer the questions that follow. On January 1,A Co.enters into a contract with B Co.to build a stadium.The date of completion of the contract is August 1.On February 2,A Co.faxes to B Co.a letter that states that it is having problems with its steel girder supplier and that if these continue,it may not be able to complete on time,although it will try to find other suppliers if necessary.On February 15,B Co.enters into a contract with C Co.to build the stadium.On March 1,A Co. ,which finally received its shipment of steel girders,attended at the construction site to begin its work only to find C Co.there.In a lawsuit by A Co.against B Co. ,B Co.will argue that

• A)by electing to treat the contract as at an end,it was entitled to enter into the contract with C Co.
• B)A Co.'s fax of February 2 was an express repudiation of the contract.
• C)in light of A Co.'s repudiation,B Co.was entitled to elect to treat the contract as at an end or to affirm the contract.
• D)it elected to treat the contract as at an end.
• E)all of the above

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Definitions:

Alveolar Epithelium

A thin layer of cells that lines the alveoli (air sacs) in the lungs, allowing for gas exchange.

Respiratory Membrane

Membrane consisting of alveolar epithelium, capillary endothelium, and their fused basement membranes.

Capillary Endothelium

The thin layer of endothelial cells lining the inner surface of capillaries, playing a crucial role in the exchange of substances between the blood and tissues.

Partial Pressure

The pressure that a single component of a gas mixture would exert if it occupied the entire volume of the mixture at the same temperature.