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 355 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?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Baker's Cyst in the Right Popliteal Fossae Baker's Cyst in the Right Popliteal Fossae
chemical management chemical management
Chemical weathering Chemical weathering
The Stillwater Mining Company The Stillwater Mining Company
Disposable thermometers with chemical dots. (A) Axillary thermometer (marked “AX”); (B) rectal ... Disposable thermometers with chemical dots. (A) Axillary thermometer (marked “AX”); (B) rectal ...
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Video: Stretch reflex & Tendon reflex

For a complete list of videos, visit our video library