Sally Contracts with Tasty Pizza Company to Deliver Its Products

question 33

Multiple Choice

Sally contracts with Tasty Pizza Company to deliver its products. Both parties change their minds,however,and inform each other that they would like to cancel the contract.
-Refer to Fact Pattern 12-3. The next day,Sally changes her mind and again offers to deliver Tasty's products. Tasty is willing to deal,but for a new price. Sally and Tasty

• A)may agree to a new contract,but it cannot include a new price.
• B)may agree to a new contract that includes the new price.
• C)must perform their original contract.
• D)must perform the part of their contract that is executory.

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Definitions:

Private Information

Information that is not publicly available and pertains to an individual's or entity's personal or business matters.

Breaches A Contract

The act of breaking the terms set out in a contract, leading to potential legal consequences for the party in breach.

Inherently Wrong

Acts or behaviors that are considered morally or ethically unacceptable based on universal standards, regardless of the context or situation.

Injurious Falsehood

A false statement damaging to an individual’s or entity's reputation or business, made without lawful excuse.