X Contracts with Y to Purchase 1000 Sacks of Grain

question 49

Multiple Choice

X contracts with Y to purchase 1000 sacks of grain to be delivered on 1 September.Y however delivers the grain to X on 8 September and as a result of a drop in grain prices during the delay, X can only sell the grain at half the price that he would have been able to if Y had delivered the grain on time.The loss to X arising out of the breach of contract is classified as:

• A)Indirect loss.
• B)Consequential loss.
• C)Direct loss.
• D)Nominal loss.

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Definitions:

Job Dissatisfaction

A negative emotional state resulting from aspects of one's job that do not meet the worker's values or expectations.

Intellectual Functioning

Describes the cognitive capabilities of an individual, including memory, reasoning, problem-solving, and decision-making skills.

Resentment

Resentment is a feeling of bitterness or indignation experienced as a result of unfair treatment or perceived wrongs.

Stress-Related Disease

Health conditions that are either caused by stress or exacerbated by it, including heart disease, hypertension, and certain mental health disorders.