In Chodos V

question 117

Multiple Choice

In Chodos v.West Publishing Company,Inc.,in which the defendant refused to publish a treatise after the author had completed the document as agreed,what was the result?

• A) As a matter of law, West had the right in its sole discretion to refuse to publish the document.
• B) West had breached its contract with the author, because he had completed the treatise as agreed.
• C) West had substantially complied by giving the author notice that the treatise likely would not sell.
• D) The author had failed to periodically ask West if the agreement was still in place, which barred the author from any recovery.
• E) The author had no right to rely on West's statements, because he had not received any partial payment.

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Definitions:

Rate of Increase

The speed at which a particular variable, such as price, cost, or quantity, grows over a specified period of time, typically expressed as a percentage.

Investment

Positioning funds with the foresight of generating earnings or profits.

Years

A unit of time used to measure duration, typically used to denote experience or age.

Trust Fund

A legal arrangement through which assets are held by a trustee for the benefit of another party, often used for estate planning or to manage wealth.