Dora contracts to work for Vamanos Explorers during the month of June for $2,500. Vamanos breaches...
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Dora contracts to work for Vamanos Explorers during the month of June for $2,500. Vamanos breaches the contract and Dora sues Vamanos for the breach. During the trial, Vamanos' lawyers are able to prove that Dora refused to accept a similar job with Swiper Corporation, which would have paid her $2,000 for the same work. As compensatory damages, Dora will likely recover: $500. $2,000. $2,500. nothing. Mr. Furley is the landlord for Jack, Crissy and Janet. Mr. Furley hates disco music and is afraid that his tenants will play disco and dance to it all night long. Thus, Furley puts a clause in his lease that reads, "Tenants shall not play disco music on the premises. If the Landlord hears or observes Tenants playing said disco music, and/or dancing to the same, Tenants hereby agree to pay to Landlord the sum of $500 per occurrence." If this language is challenged by the tenants, a court will likely refuse to enforce it because it constitutes: unliquidated damages restitution a penalty liquidated damages Alpha Commodities, Inc., agrees to deliver ten tons of sheet metal to Beta Builders Corporation. The agreement states that delivery is to be within "3" days, although the parties intend "30" days. Alpha cannot convince Beta to amend the contract. Alpha should seek specific performance. damages. rescission. reformation Dora contracts to work for Vamanos Explorers during the month of June for $2,500. Vamanos breaches the contract and Dora sues Vamanos for the breach. During the trial, Vamanos' lawyers are able to prove that Dora refused to accept a similar job with Swiper Corporation, which would have paid her $2,000 for the same work. As compensatory damages, Dora will likely recover: $500. $2,000. $2,500. nothing. Mr. Furley is the landlord for Jack, Crissy and Janet. Mr. Furley hates disco music and is afraid that his tenants will play disco and dance to it all night long. Thus, Furley puts a clause in his lease that reads, "Tenants shall not play disco music on the premises. If the Landlord hears or observes Tenants playing said disco music, and/or dancing to the same, Tenants hereby agree to pay to Landlord the sum of $500 per occurrence." If this language is challenged by the tenants, a court will likely refuse to enforce it because it constitutes: unliquidated damages restitution a penalty liquidated damages Alpha Commodities, Inc., agrees to deliver ten tons of sheet metal to Beta Builders Corporation. The agreement states that delivery is to be within "3" days, although the parties intend "30" days. Alpha cannot convince Beta to amend the contract. Alpha should seek specific performance. damages. rescission. reformation
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1 Answer Nothing Reason because they both entered into a co... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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