Lui Tells Kai the Cupcakes Can Still Be Sold

question 53

Multiple Choice

Lui tells Kai the cupcakes can still be sold.Must Kai accept the cupcakes?

• A)No,Kai can treat the contract as void or Kai can ask Lui for a price reduction and then accept the damaged goods.
• B)No,Kai's only option is to treat the contract as void.
• C)Yes,his only option is to accept the cupcakes and ask for a price reduction.
• D)Yes,because they are still sellable and he must pay the price under the contract.
• E)No,but Kai must provide Lui with time to cure.

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Definitions:

Expressly Designating

Clearly specifying or identifying something or someone for a particular purpose.

Intended Beneficiary

A person or entity that is specifically designated to benefit from a contract, even though they are not a party to the contract themselves.

Details of Performance

Specifics outlined in a contract or agreement indicating how and when the contractual obligations must be fulfilled.

Personal Performance

The fulfillment of duties or tasks by an individual, often referring to the execution of a contract by personal action.