Tristan Colbert Owns an Appliance Store

question 128

Multiple Choice

Tristan Colbert owns an appliance store.He has ordered 10 Subzero refrigerators for his store at a cost of $2,500 each from Plains Manufacturing.Tristan ordered the refrigerators in anticipation of an order he was going to receive from a custom-home builder.Plains Manufacturing experienced a flood at its plant in Iowa City and lost all goods in production.They wereunable to deliver the refrigerators to Tristan and notified him immediately of the problem.Tristan has to purchase the 10 refrigerators from another plant at a cost of $3,000 each.​
-Which of the following statements is correct about the situation?​

• A)​Plains will need to pay the damages that Tristan experiences as a result of its failure to deliver- $500 X 10.
• B)​Plains does not owe any damages to Tristan because of impracticability.
• C)Plains can use the defense of impossibility.
• D)This contract is governed by common law principles of damages.

Recognize symptoms and causes of common ear disorders.

Understand the accounting procedures for the retirement of bonds, including the recognition of gain or loss.

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Definitions:

Adults

Individuals who have reached a stage of physical and psychological maturity, typically recognized by legal benchmarks of age.

Children

Young human beings who are not yet adults, often considered to be below the age of puberty.

Propositional Thought

A type of cognition that involves judgments, concepts, and ideas that can be expressed in sentences and propositions.

Primate Communication

The various ways primates, including humans, convey information and interact with each other, such as through vocalizations, facial expressions, and gestures.