Franz,the Owner and Manager of Green's Grocery Store,contracts to Buy

question 35

Essay

Franz,the owner and manager of Green's Grocery Store,contracts to buy sixty crates of fresh peaches from Holly,the owner and manager of Ideal Farms.Suppose that Holly dies before she can harvest and deliver the peaches.How does Holly's death affect their contract If Holly does not die,but does not deliver,and Franz suffers a loss,is there any limit to the time within which Franz can file a suit against Holly for breach of contract If so,how might Franz extend this time

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Definitions:

Rent

A periodic payment made to an owner for the use of their property, especially for living in an apartment or leasing a commercial space.

Housing

Refers to residential structures that provide shelter or accommodation, including apartments, houses, and other types of living spaces.

Injustice

The situation or practice where fairness and rights are not upheld, often leading to unequal treatment or discrimination.

Positive Economic Statement

An objective statement based on facts that can be tested and validated.