Which of the Following Was the Result in the "Case

question 4

Multiple Choice

Which of the following was the result in the "Case Opener" in which Vitol sued Koch Petroleum for delivering oil one day late causing Vitol to sustain a loss based on its sale to another entity?

• A) The court ruled that Koch Petroleum had substantially performed and that Vitol could not recover.
• B) The court ruled that Koch Petroleum had materially performed and that Vitol could not recover.
• C) The court ruled that Koch Petroleum had committed fraud in that the delay was intentional and that Vitol could recover.
• D) The court ruled that Koch Petroleum had violated the perfect tender rule and that Vitol could recover.
• E) The court ruled that both parties were in the wrong and that damages would be split between the two.

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character, involving patterns of thought, feeling, and behavior.

Traits

are distinguishing qualities or characteristics of a person, often considered stable across time and situation.

Behavior

The actions or reactions of an individual or group in response to external or internal stimuli.

Emotional Instability

A personality trait characterized by rapid emotional shifts and difficulty in maintaining a stable mood.