Mission Bay Development Corporation Is Developing an Exclusive 25-Acre Parcel

question 15

Essay

Mission Bay Development Corporation is developing an exclusive 25-acre parcel of property.It has received bids from five builders to purchase construction lots.Because of the different nature of the builders,they desire different sized lots.The data are as follows:
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How should Mission Bay sell the land to maximize total sales revenue?

Recognize how parties are discharged from their obligations either through performance, failure of a condition, or operation of law.

Understand the concept of tender as an offer of performance and its significance in contracts.

Analyze the effects of material and anticipatory breaches on contractual obligations.

Discern between different standards (subjective, objective) for contract satisfaction and their legal implications.