Examlex

Solved

Klint Microsystems,a Microprocessor Manufacturer,was Contracted by Zeitar Studios to Manufacture

question 51

Multiple Choice

Klint Microsystems,a microprocessor manufacturer,was contracted by Zeitar Studios to manufacture specially designed microchips to be used in an audio engineering process.Zeitar was to pay Klint $300,000 as per the contract.Klint decided to redesign its existing microchips and make them suitable for Zeitar.While the finished microchips were being shipped via a carrier,Klint was informed of Zeitar's insolvency.Klint cancelled the shipment before it was delivered.Klint then resold the chips to another studio where it had to settle for $150,000,as the chips were now suitable for specific audio engineering processes only.What remedy did Klint exercise when it stopped shipment to Zeitar?


Definitions:

Fluent English

The ability to speak and understand English smoothly and effortlessly.

Colleagues

People with whom one works, especially within the same organization or profession.

Armored Car

A secure vehicle, often bulletproof, used for the safe transportation of valuables, such as cash and precious metals.

Related Questions