Joshua Contractually Agreed to Sell a Widget to Maya for $50

question 14

Multiple Choice

Joshua contractually agreed to sell a widget to Maya for $50 000. Before the sale was completed, however, Maya announced that she no longer wanted the widget. She therefore refused to accept delivery of it or to make any payment. The widget is really worth $55 000. There are several other parties who are willing to buy it from Joshua at that price. At the time of entering into his contract with Maya, however, Joshua thought that the widget was worth $60 000. He therefore thought that he would earn a profit of $10 000 under the contract. A court will order Maya to pay Joshua

• A) $0.
• B) $10 000.
• C) $5000.
• D) $55 000.
• E) $50 000.

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Definitions:

Self-modification

The process of making changes to one’s behavior or aspects of one's life through self-discipline, usually to improve well-being or performance.

Specific Behaviors

Particular actions or conduct exhibited by individuals in response to external or internal stimuli.

Personality Traits

Enduring characteristics that describe an individual's behavior, attitude, and emotional and mental state.

Nasal Infections

Inflammation or infection of the nasal sinuses, commonly caused by viruses, bacteria, or allergens, leading to symptoms like congestion, pain, and discharge.