X Contracts with Y to Purchase 1000 Sacks of Grain

question 23

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.

Understand the historical development and purpose of intelligence testing.

Understand the impact and mechanisms of coronary heart disease (CHD).

Identify the role of stress and personality types in coronary heart disease.

Recognize the significance of hypertension and its causes.

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Definitions:

Obligations

Duties or commitments legally or morally binding an individual or entity.

Perfect Tender Rule

A principle in sales law stating that a seller must deliver goods that exactly meet the terms of the contract, allowing the buyer to reject anything less.

Tender Lifts

Equipment or processes used to lift goods or cargo, typically onto or off a ship or other vessel, often in the context of shipping and logistics.

Contract Specifications

Detailed terms and conditions outlined in a contract that specify the obligations, rights, and expectations of the parties involved.