Question: Jerry has a valid and enforceable contract with Bronson to sell his farm. The contract states that Bronson must pay $100,000 on February 1. Bronson,
Jerry has a valid and enforceable contract with Bronson to sell his farm. The contract states that Bronson must pay $100,000 on February 1. Bronson, however, does not pay anything to Jerry on February 1. Bronson promises to pay the money within the next few weeks. Crops must be planted by March, or the farm will not operate for the entire year. On February 20, Jerry sells the farm to Tom for $100,000. Which of the following is true?
- A. Bronson breached the contract and must pay Jerry damages for emotional distress and attorneys' fees
- B. Jerry did not breach the contract by selling the farm to Bronson, because Tom's failure to pay was a total breach
- C. Bronson breached the contract and must pay Jerry $100,000
- D. Jerry breached the contract by selling the farm to Bronson when he had a contract with Bronson
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