Bespoke Designs Inc

question 4

Multiple Choice

Bespoke Designs Inc.,a custom suit maker,has a contract to purchase its suiting fabric from ABC Textiles.The dye used in the most recent order of fabric from ABC appears to be slightly different from the sample agreed upon in the contract and from orders in the past and will not work with Bespoke's product line.The manufacturer insists that the material is the same as previous orders.What should Bespoke consider at this point?

• A) whether it makes business sense to sue ABC
• B) that failure to immediately sue ABC will result in giving up its right to sue
• C) the impact of the litigation on the industry
• D) whether it can prove that the breach was due to negligence on the part of ABC

Understand the necessity of written agreements in enforceable contracts as required by the Statute of Frauds.

Distinguish between the types of contracts that require written evidence and those that do not.

Recognize the role of oral contracts and circumstances under which they are enforceable.

Identify the essential terms that must be included in a contract to make it enforceable.

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Definitions:

Test Takers

Individuals who participate in an examination or assessment, often to measure their knowledge, skills, or abilities.

Psychological Test

Standardized measures designed to assess behavior, personality, or cognitive function.

Inventory

A comprehensive listing or cataloging of items, such as goods in stock or the contents of a property.

Projective Test

A psychological testing technique that uses ambiguous stimuli to elicit responses that are believed to reveal a person's unconscious thoughts and feelings.