Soft Chair Company Contracts to Deliver One Hundred Chairs to Stuffy

question 50

Multiple Choice

Soft Chair Company contracts to deliver one hundred chairs to Stuffy Furnishings Store on May 1. Soft tells Stuffy on April 15 that delivery will be delayed until June 1. Stuffy

• A) may await performance, sue Soft, or suspend its own performance.
• B) must await Soft's performance for a commercially reasonable time.
• C) must immediately sue Soft for breach of contract.
• D) must give Soft thirty days to change its mind and correct the problem.

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Definitions:

English Feudal System

A hierarchical system of land ownership and duties in medieval England, centered around the king granting land to lords in exchange for military service.

Disposition

The act of selling, giving, or transferring ownership or control of property or assets.

Life Estate

A property interest that lasts for the life of the holder, allowing use of the property for their lifetime but not the right to sell it.

Property Rights

The rights and entitlements relating to the ownership and use of land and other forms of property.