Fran Had a Very Rare, and Therefore Expensive, Automobile That

question 38

Essay

Fran had a very rare, and therefore expensive, automobile that she wished to sell. Fran worried that if the first attempt at selling the auto failed, the value of the auto might come into question. To prevent any potential loss of profit if the auto needed to be resold, Fran created a sales contract that provided for an estimation of damages should the contract later be breached by the potential buyer. A potential buyer was found, and the contract was signed. Later, because of a lack of sufficient financing, the buyer breached the sales contract. Fran requested the estimated damages provided for in the contract. The buyer refused, calling the clause unconscionable and excessive. Can Fran recover?

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Definitions:

Voter Turnout

The proportion of qualified electors who participate in voting during an election.

National Convention

A large meeting of party delegates in the United States, held every four years to nominate presidential and vice-presidential candidates and to set the party platform.

Party's Policies

The official stances and proposed actions of a political party on various public issues.

Principles

Fundamental truths, beliefs, or propositions that serve as the foundation for a system of belief or behavior or for a chain of reasoning.