Master Glue Hairspray,Inc

question 34

Multiple Choice

Master Glue Hairspray,Inc.contracts to purchase 100 umbrellas with its logo and slogan,"A spray a day keeps the rain and wind away!" specially printed on the umbrellas and its 1-800 telephone number on the umbrella handle.After the seller completes the order,Master Glue refuses to accept or pay for the umbrellas.Because of the special logo and telephone number,the seller has been unable to find a new buyer.If the seller sues Master Glue,what is the proper measure of the seller's damages?

• A)contract price minus market value of the goods at the time of delivery
• B)contract price
• C)lost profits
• D)cover price minus contract price

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Definitions:

Praising Others

The act of expressing approval or admiration for someone's achievements or qualities.

Presidential Veto

The power of the President to reject or refuse to approve a piece of legislation, preventing it from becoming law without further congressional action.

Override

To use authority to reject or cancel a decision, order, or law.

Congress

The national legislative body of the United States, consisting of two chambers: the House of Representatives and the Senate.