Colby Contracts in Writing to Sell His 2005 Dodge-Brand Pick-Up

question 36

Essay

Colby contracts in writing to sell his 2005 Dodge-brand pick-up truck to Efrem for $10,500.Colby agrees to deliver the truck on Friday,and Efrem promises to pay the $10,500 on the following Monday.On Thursday,Efrem tells Colby that he changed his mind and will not buy the truck.Over the weekend,Efrem changes his mind again and tenders $10,500 to Colby on Monday.Colby has not sold the truck to another party but refuses the tender and refuses to deliver.Efrem claims that Colby has breached their contract.Colby contends that Efrem's repudiation released him from his duty to perform under the contract.Who is correct,and why?

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Definitions:

Mental Imagery

The ability of individuals to simulate or recreate visual perceptions and experiences in their minds without the input of external stimuli.

Job Enrichment

The process of making a job more rewarding, challenging, and motivating through adding more meaningful tasks and duties.

Positive Self-talk

The practice of making affirming or encouraging statements to oneself to foster a positive mindset.

Effort-to-performance Expectancy

The belief that one's effort will lead to successful performance in tasks, often associated with motivational theories.