Author Question: Bill's Beer is brewed in Arkansas. The brewery was sold to another company which stopped payment on ... (Read 46 times)

chandani · **on:** Jun 24, 2018

Bill's Beer is brewed in Arkansas. The brewery was sold to another company which stopped payment on a contract with Yakima Hops (Bill's hops supplier). Hops had just shipped a large quantity of hops to Bill's. In response to the new owner's action, Hops may:
a. do nothing because its client no longer exists
b. must wait until Bill's rejects the goods before it can do anything
c. view the contract as breached, stop delivery of the goods if not yet received by the buyer, and sue for damages
d. elect to cancel the contract, resell the goods, or withhold or stop deliveries
e. view the contract as breached, stop delivery of the goods if not yet received by the buyer, and sue for damages or elect to cancel the contract, resell the goods, or withhold or stop deliveries

Question 2

A firm can make a decision to either patent a product or make is subject to trade secret law, but using one generally eliminates the use of the other.
a. True
b. False
Indicate whether the statement is true or false