In Crest Ridge Construction V

question 92

Multiple Choice

In Crest Ridge Construction v. Newcourt, where an order for construction materials that Crest Ridge needed was rejected for failure to meet credit terms, and Crest Ridge had to find a higher-cost replacement and sued Newcourt for damages, the appeals court held that:

• A) Newcourt was liable for breach of contract because there was sufficient evidence that the two companies had formed a contract under the definition found in the UCC
• B) Newcourt was not liable for breach of contract because there was not sufficient evidence that the two companies had formed a contract under the definition found in the UCC
• C) Crest Ridge was liable for breach of contract because it failed to inform Newcourt that it would not be able to pay before delivery
• D) Crest Ridge did not have a case because there was never any indication that they had formed a contract with Newcourt
• E) Newcourt was not liable for damages, even though there was sufficient evidence that the two companies had formed a contract under the definition found in the UCC

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Definitions:

Stacked Bar Chart

A bar chart in which each bar is broken into rectangular segments of a different color showing the relative frequency of each class in a manner similar to a pie chart.

Stem-and-Leaf Display

A method of displaying quantitative data in a graphical format, similar to a histogram, to show distribution properties.

Scatter Diagram

A scatter diagram is a graphical representation where two sets of data are plotted as points on a Cartesian plane, often used to determine the relationship between the variables.