Joe agreed on April 1 to sell and deliver 1,000 bushels of wheat to a grain elevator
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Question:
Joe agreed on April 1 to sell and deliver 1,000 bushels of wheat to a grain elevator on June 1 for $10 per bushel. He then refused to deliver on June 1 because the market price was then $15 per bushel.
How much can the grain elevator recover in damages from Joe?
Related Book For
Business Law and the Legal Environment
ISBN: 978-1111530600
6th Edition
Authors: Jeffrey F. Beatty, Susan S. Samuelson, Dean A. Bredeson
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