Question: Robert in Chicago entered into a contract to sell certain machines to Terry in New York. The machines were to be manufactured by Robert and

Robert in Chicago entered into a contract to sell certain machines to Terry in New York. The machines were to be manufactured by Robert and shipped F.O.B. Chicago not later than March 25. On March 24, when Robert is about to ship the machines, he receives a letter from Terry wrongfully repudiating the contract. The machines cannot readily be resold for a reasonable price because they are a special kind used only in Terry’s manufacturing processes. Robert sues Terry to recover the agreed price of the machines. What are the rights of the parties?

Step by Step Solution

3.43 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Robert is entitled to recover the price of the merchandise from Terry Section 2709 UCC ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

110-L-B-L-S (95).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!