Trendy Imports Entered into a Contract on June 1^st with Neat

question 19

Multiple Choice

Trendy Imports entered into a contract on June 1^st with Neat Things, a small upscale gift shop, to supply it with 100 tooled leather boxes. Delivery was to be made on September 15^th so that the boxes could be on display in the store by October 15^th, ready for the pre-Christmas rush. On August 6^th, Trendy notified Neat Things that a dock strike in Italy was holding up the shipment and, if the boat on which they were loaded could not leave port within a very few days, Trendy would not be able to make the delivery on September 15^th. In this situation,

• A) Neat Things can sue Trendy immediately for breach of contract as this is an anticipatory and express breach of contract.
• B) Neat Things can wait until September 15^th and then sue Trendy for breach of contract as this is an express breach of contract if the boxes are not delivered.
• C) Neat Things must wait until September 15^th and if the boxes are not delivered then it may sue Trendy for breach of contract as this is not an anticipatory breach but only an express breach.
• D) Neat Things must until September 15^th and then sue Trendy for implied breach of contract.
• E) None of the responses are correct.

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Definitions:

Organizational Culture

An assortment of mutual goals, values, attitudes, and customs that typify a specific institution or organization.

Allocation of Rewards

The process of determining how rewards, recognition, and resources are distributed among individuals or groups in an organization.

Organizational Culture

The set of shared values, beliefs, and norms that influence the way members of an organization interact with each other and with stakeholders.

Rite of Enhancement

Ceremonial activities designed to improve the status or position of an individual within an organization.