Cal bought a 1952 Mickey Mantle Topps baseball card for $17,750 from Theodore, who represented that the

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Cal bought a 1952 Mickey Mantle Topps baseball card for $17,750 from Theodore, who represented that the card was in near-mint condition. Cal put the card in a safe-deposit box. Two years later, Cal sent the card to a sports-card grading service to be evaluated. The service determined that the card could not be graded because it had been doctored and discolored.

Could Cal reject the baseball card? Yes. If goods fail to ______________ to a contract in any respect, the buyer can reject them. In this case, the card was defective—doctored and discolored. What was Cal’s measure of recovery for Theodore’s delivery of a defective card? Cal could recover at least $17,750. When the seller breaches a ______________, the measure of damages equals the difference between the value of the goods as accepted and their ______________ if they had been delivered as ______________. The buyer can also recover any loss resulting in the ordinary course of events. Here, Theodore represented that the card was in near-mint condition, but it was not. In addition to the value of the card, Cal might recover court costs.

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Business Law Text And Exercises

ISBN: 9780357717417

10th Edition

Authors: Roger LeRoy Miller, William E. Hollowell

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