Question: #31 Li Domestics Co. breached a contract by refusing to accept its order for 60 bolts of fabric from Graham Mills company, although the fabric

#31

Li Domestics Co. breached a contract by refusing to accept its order for 60 bolts of fabric from Graham Mills company, although the fabric met the contract specifications. In this situation, Graham Mills

a.

May choose not to resell the fabric and settle for the difference between the contract price and the market value

b.

has at least four remedies under the UCC.

c.

may resell the fabric to someone else and, if it sues Li Domestics Co., Graham Mills will be awarded the full contract price.

d.

would be awarded consequential damages by most courts.

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