On the February 1, Smyth Contracted to Buy Dupont's Van

question 86

Multiple Choice

On the February 1, Smyth contracted to buy Dupont's van. They had agreed that Smyth would pay the price of $7,000 on March 1 and take delivery and the risk on that date. Smyth then contracted to sell the van in Smithers on March 5 for $7,600. On February 22, Dupont called Smyth and said he wasn't going to sell it; he decided to keep it. On these facts, which of the following is false?

• A) Smyth could refuse to acknowledge a breach, but that would result in the possibility that the contract could be breached later.
• B) Smyth could acknowledge that Dupont was in breach but has to wait until after the performance date to sue him for breach of contract.
• C) Dupont's call is an express repudiation of the contract and is an anticipatory breach.
• D) Smyth could agree to call off the contract; neither of them had yet performed.
• E) Smyth could refuse to acknowledge a breach and press Dupont to complete the contact.

---

Definitions:

Industrial Psychology

A field of psychology that applies psychological theories and principles to organizations, focusing on workplace behavior and how to improve productivity and well-being.

Experimental Psychologist

A scientist who studies the mind and behavior by conducting experiments under controlled conditions to identify relationships between variables.

S Data

Solicited feedback or personal accounts used in psychological assessments or research.

Arrest Records

Official documents that record an individual's histories of arrest, including the reasons for the arrest and the outcomes.