Isabel Orally Agrees to Buy a Unique Collection of Nineteenth-Century

question 24

Multiple Choice

Isabel orally agrees to buy a unique collection of nineteenth-century cowboy memorabilia for $10,000 from Jessie and sends $2,500 as a down payment. When Isabel pays the rest of the price, Jessie refuses to ship the collection. Isabel should seek

• A) ​damages.
• B) ​restitution.
• C) ​rescission.
• D) ​specific performance.

Comprehend the doctrine of proximate cause and its significance in establishing liability.

Understand the application of negligence principles in specific scenarios and how personal characteristics or conditions might alter legal standards.

Grasp the legal implications of special circumstances such as emergencies and voluntary actions in assessing negligence.

Acknowledge the potential outcomes and defenses in negligence cases, including the role of damages and the concept of assumption of risk.

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Definitions:

Risk Of Loss

The potential for an asset to be lost, damaged, or destroyed, impacting its owner's financial position.

Goods-In-Bailment Contract

An agreement where personal property is transferred temporarily into the custody of another for a designated purpose.

Negotiable Document

A document guaranteeing the transfer of certain rights which can be transferred from one party to another through endorsement or delivery.

Nonnegotiable Document

A legal or official document whose terms and conditions cannot be altered or bargained over.