Quinn Contracts to Provide Ten Tons of Scrap Steel at $500

question 11

Multiple Choice

Quinn contracts to provide ten tons of scrap steel at $500 per ton to Rendered Materials, Inc. An unforeseen shortage of scrap steel suddenly develops, making it impossible for Quinn to fulfill the contract for less than $5,000 per ton. Quinn's best defense against performing the contract would be that

• A) ​performance of the contract is commercially impracticable.
• B) ​procuring the steel would force Quinn into bankruptcy.
• C) ​the law has rendered performance of the contract illegal.
• D) ​the specific subject matter of the contract has been destroyed.

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