Quality Computer Company Agrees to Sell One Hundred Servers to Social

question 8

Essay

Quality Computer Company agrees to sell one hundred servers to Social Media Networks Inc. The servers, which Social Media Networks expressly requires to have certain amounts of memory, are to be shipped "F.O.B. Social Media Networks distribution center in Memphis, TN." When the servers arrive, Social Media Networks rejects them and informs Quality Computer, claiming that the servers do not conform to Social Media Networks' memory requirement. A few hours later, the servers are destroyed in a fire at Social Media Networks' distribution center. Will Quality Computer succeed in a suit against Social Media Networks for the cost of the goods?

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Definitions:

High-Tech Industries

Sectors that involve the development, production, and use of cutting-edge technology and electronic devices.

National Wealth

The total value of all economic assets owned by a country's residents, institutions, and government, minus foreign liabilities.

Richest Households

Familial units that possess a significantly high level of wealth compared to the broader population.

Wealth

The abundance of valuable resources or material possessions, or the control of such assets, which gives an individual or group economic power.