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On June 1, Sergei Contractually Agreed to Purchase a Widget

question 40

True/False

On June 1, Sergei contractually agreed to purchase a widget from Marisa.The total price was $15 000.Sergei paid $5000 immediately and promised to pay the remainder upon delivery.Although Marisa was required to deliver on July 15, she refused to do so.The market value of the widget was $15 000 on June 1, but $22 000 on July 15.Sergei is entitled to receive $12 000 in expectation damages.


Definitions:

Inconsistent

Lacking in agreement, harmony, or compatibility; contradictory.

Tautology

A statement that is true in every possible interpretation, often by defining a condition that repeats itself or is redundant.

LSAT

The Law School Admission Test, a standardized test administered by the Law School Admission Council for prospective law school candidates.

Logic Games

Puzzles or problems that require the use of logical reasoning to solve.

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