On August 1,Brian Contractually Agreed to Purchase a Diamond from Mila

question 56

Multiple Choice

On August 1,Brian contractually agreed to purchase a diamond from Mila for $100 000.On that date,Brian prepaid half of the purchase price and promised to pay the other half upon delivery.Mila promised to deliver the diamond to Brian on October 1.The diamond has a unique size and shape.In anticipation of receiving it,Brian spent $25 000 on a custom-made ring that could accommodate the diamond.On September 1,political revolutions in several diamond producing countries disrupted the flow of diamonds.The diamond that was the subject of Brian and Mila's contract consequently increased in value to $150 000.Mila therefore refused to deliver the diamond to Brian.Brian is entitled to receive

• A)restitution of $100 000.
• B)restitution of $150 000.
• C)reliance damages of no more than $25 000.
• D)reliance damages of no more than $75 000.
• E)expectation damages of $150 000.

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Definitions:

Wechsler Intelligence Scales

A series of standardized tests used to evaluate cognitive and intellectual abilities in children and adults.

WISC-IV

A clinical assessment tool designed to measure the intelligence of children between the ages of 6 and 16, constituting the fourth edition of the Wechsler Intelligence Scale for Children.

Reliability

The degree to which an assessment tool produces stable and consistent results over time, crucial for the validity of research findings and experiments.

Biased

Showing an unjustifiable favoritism or prejudice towards something or someone.