Christian Agrees to Sell Five Hundred Footballs to Anderson

question 40

Multiple Choice

Christian agrees to sell five hundred footballs to Anderson.However, Anderson subsequently refuses to accept the footballs.Which of the following is not one of the statutory remedies available to Christian?

• A)An order for specific performance compelling Anderson to accept delivery.
• B)Compensation for any expenses incurred as a result of Anderson's refusal to accept delivery.
• C)The right to resell the footballs to another buyer.
• D)The right to retain possession of the footballs until Christian is paid.

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Definitions:

Decrease in Supply

This occurs when there is a reduction in the quantity of a good or service that producers are willing and able to supply at all possible prices.

Increase in Price

A situation where the cost of a product or service rises over a period of time.

Excise Tax

A tax levied on specific goods, services, or transactions, often with the aim of reducing their consumption or raising revenue.

Imported Items

Goods brought into a country from abroad for sale.