Fact Pattern 9-2 Sal Contracts with Tasty Pizza to Deliver Its Products. Both

question 53

Multiple Choice

Fact Pattern 9-2
Sal contracts with Tasty Pizza to deliver its products. Both parties change their minds, however, and inform each other that they would like to cancel the contract.
-Refer to Fact Pattern 9-2. The next day, Sal changes his mind and again offers to deliver Tasty's products. Tasty is willing to deal, but for a new price. Sal and Tasty​

• A) ​may agree to a new contract, but it cannot include a new price.
• B) ​may agree to a new contract that includes the new price.
• C) ​must perform their original contract.
• D) ​must perform the part of their original contract that is executory.

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Definitions:

Brazilian Real

The official currency of Brazil, abbreviated as BRL, and made up of 100 centavos.

U.S. Dollar

The currency of the United States, widely used globally as a standard of exchange and a reserve currency.

Merchandise Valued

The estimated worth or price of goods that are bought and sold in business transactions.

British Pound

The currency of the United Kingdom, also known formally as the pound sterling, used throughout the UK and its territories.