Joshua Contractually Agreed to Sell a Widget to Maya for $50

question 21

Multiple Choice

Joshua contractually agreed to sell a widget to Maya for $50 000.Before the sale was completed, however, Maya announced that she no longer wanted the widget.She therefore refused to accept delivery of it or to make any payment.The widget is really worth $55 000.There are several other parties who are willing to buy it from Joshua at that price.At the time of entering into his contract with Maya, however, Joshua thought that the widget was worth $60 000.He therefore thought that he would earn a profit of $10 000 under the contract.A court is most likely to order Maya to pay Joshua

• A)$5000.
• B)$50 000.
• C)$10 000.
• D)$55 000.
• E)$1.

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Definitions:

Kwashiorkor

A form of malnutrition caused by inadequate protein intake, characterized by edema, stunted growth, and other health issues.

Overnourished

A condition in which an individual has consumed nutrients, especially calories, in excess of dietary requirements, leading to overweight and obesity.

Daily Calories

A measure of the energy intake through food that is required per day to maintain a person's body functioning and health.

Urban Gardens

Spaces where fruits, vegetables, flowers, and other plants are grown within city environments for personal or community consumption, beautification, or educational purposes.