Asked by logan brockway on Jul 19, 2024
Verified
Coasters,Inc.notifies Big Box that it does not intend to perform under their contract.Which of the following statements is false?
A) Big Box may suspend its performance.
B) Big Box must wait for performance for a reasonable time.
C) Big Box only needs to await for performance for a reasonable time,if it chooses to wait.
D) Big Box may sue for damages for breach of contract.
Suspend Performance
To suspend performance involves temporarily halting the execution of duties or obligations under a contract, usually due to the failure of another party to meet their contractual obligations.
Reasonable Time
A period that is fair and fitting under the circumstances, often used in legal and contractual contexts.
Big Box
A term referring to large retail stores, typically belonging to a chain, that offer a wide variety of merchandise in a single location.
- Discern the legal and contractual obligations of purchasers and vendors as they pertain to the scrutiny and acceptance of goods.
Verified Answer
Learning Objectives
- Discern the legal and contractual obligations of purchasers and vendors as they pertain to the scrutiny and acceptance of goods.
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