Nolan Contracts for the Sale of an Ancient Vase,a Renaissance

question 49

Multiple Choice

Nolan contracts for the sale of an ancient vase,a Renaissance painting,and a modern mansion to Olga.Nolan breaches the contract.Olga files a suit against him.The court will most likely award specific performance for

• A)the mansion only.
• B)the painting and the vase only.
• C)the painting or the vase only,but not both.
• D)the mansion,the painting,and the vase.

---

Definitions:

Closed Innovation

An innovation approach where all research and development processes are conducted internally within a firm, with little or no input from external sources.

Broadcasting

The distribution of audio or visual content to a dispersed audience via any electronic mass communications medium, traditionally encompassing television, radio, and the internet.

Open Innovation

A business model that encourages companies to use both internal and external ideas and paths to market when advancing their technology.

Crowdsourcing

The practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, typically from an online community.