This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Able Company contracted to sell to Baker Company 400 barrels of chemical C for $1200. Able Company ... (Read 401 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Aug 7, 2021
Able Company contracted to sell to Baker Company 400 barrels of chemical C for $1200. Able Company assigned the entire $1200 in writing to Mr. Long, who sent a letter informing Baker Company of the assignment and directing Baker Company to forward money to him instead of Able Company. Unbeknown to both companies, at the time of the contract, the ship carrying the chemical had sunk and all cargo was lost. Which of the following is true?
◦ Mr. Long will receive part payment.
◦ Since Able Company has breached the contract, it pays compensation for the damages of both Baker Company and Mr. Long.
◦ The assignment to Mr. Long would fail to be a statutory assignment.
◦ Mr. Long, the assignee, will receive $1200 from Baker Company.
◦ Mr. Long will receive nothing from Baker Company because nothing is owed to Able Company.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lb_gilbert on Aug 7, 2021

Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


LoasHerpolas

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Apr 19, 2023
Thank You


« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Deamination and mispairing of modified bases by a chemical mutagen. Deamination and mispairing of modified bases by a chemical mutagen.
The chemical changes in photoreception The chemical changes in photoreception
IPM combines biocontrol and chemical methods IPM combines biocontrol and chemical methods
Water in Chemical Reactions Water in Chemical Reactions
Lipids: Fats and Their Chemical Relatives Lipids: Fats and Their Chemical Relatives
Problem Solving – Energy Changes in Chemical Reaction Problem Solving – Energy Changes in Chemical Reaction
Video: Bipolar Disorder

For a complete list of videos, visit our video library