Examlex
On March 26, Sanjeev agreed to sell a widget to Anita for $50 000.She paid $10 000 immediately and promised to pay the remainder when he made delivery on August 30.Sanjeev breached the contract, however, by refusing to deliver the widget.On August 30, its market value had dropped to $47 000.Anita cannot recover expectation damages, but she can recover a maximum of $3000 in reliance damages.
Supreme Court
The highest judicial court in a country or state, which typically has the final say in legal disputes.
Antitrust Cases
Legal disputes that arise when businesses are accused of practices that limit competition, aiming to protect consumers and ensure a fair marketplace.
Standard Oil
An American oil producing, transporting, refining, and marketing company. Established in 1870 by John D. Rockefeller and partners, it was a predominant integrated oil producing, transporting, refining, and marketing company of its time.
Federal Trade Commission
An independent agency of the United States government aimed at preventing anti-competitive, deceptive, and unfair business practices.
Q4: Johanna was employed by Raouf.Willie caused her
Q5: Which of the following proposals is found
Q22: Which of the following statements is TRUE?<br>A)The
Q26: Because she was moving to Calgary, Lucy
Q27: A minor's contract for necessaries of life
Q28: Which of the following practices should be
Q32: Darcy received a widget from Rachel under
Q59: Jasper bought a set of widgets from
Q61: The general rule in sales is caveat
Q71: Ranjit purchased a complex computer system from