Isaac Holds One Ton of Perishable Fruit in Storage for Juice

question 67

Multiple Choice

Isaac holds one ton of perishable fruit in storage for Juice Smoothies Corporation. Juice Smoothies does not pay for the storage. Isaac sells the fruit to Kayo Beverage Company. This sale represents

• A) ​a breach of contract.
• B) ​a mitigation of damages.
• C) ​liquidated damages.
• D) ​a quasi contract.

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Definitions:

Reaction

A process in which substances known as reactants undergo chemical change, producing new substances called products.

Equilibrium Constant

A numerical value that expresses the ratio of products to reactants at equilibrium for a given chemical reaction, indicating the extent to which a reaction proceeds.

Reaction

A reaction is a process in chemistry where one or more substances, the reactants, undergo a transformation to form one or more different substances, the products.

Product Concentration

The amount of a substance per defined space; typically refers to the amount of a reactant or product in a solution or reaction mixture.