Question

Answer following multiple choice questions:
opps Publishing, Inc., contracts for a sale of textbooks to University Bookstores, Inc. (UB). Value Shipping I Company, the carrier, transports the books to Wit Warehouse Company. Topps' right to stopP delivery is lost when UBI's rights to the goods a. the appropriate government agency only. b. Value only c. Wit only. d. Value or Wit are acknowledged by 41. Garden Vegetable Farm and Hungry Restaurant, Inc., enter into a contract for a sale of tomatoes before Hungry declares bankruptcy. Garden can stop delivery of the goods in transit a. only if the quantity is at least a carload. b. only if the quantity is at least a planeload. c. only if the quantity is at least a truckload. d. regardless of the quantity. 42. Olympic Steel contracts for a sale of steel to A&B Machines, Inc. After Olympic ships the steel, A&B Olympic of breaches the contract. Incidental damages arising from the breach include the costs to a. designing the goods b. manufacturing the goods c. marketing the goods d. transporting the goods Heavy Equipment, Inc., and Interstate Construction Company enter into a contract for the sale of a crane. Heavy Equipment does not know that Interstate is insolvent. Interstate sells the crane to Jiffy Build, Inc, a good faith purchaser. Heavy Equipment may a. not reclaim the crane. 43. b. c. d. reclaim the crane if demand is made in a timely manner. reclaim the crane if Interstate is going out of business entirely. reclaim the crane if Jiffy Build is paying Interstate for it on credit.

Answer 1

Ans 40.

Acknowledge by WIT Only.

As per the Contract Act, Once it is out of the control of the seller to breach the contract, the seller right to stop delivery of goods stands cancel.

Answer 41

Regardless of Quantity

Irrespective of the number of the quantity, the seller can stop the delivery of the goods when goods are in transit.

Answer 42

Transporting the goods

The seller can only demand for the damages pertaining to the cost of transporting the goods because the loss which is associated to the contract is only the cost of transporting the goods. The same goods can be sold to any other person.

Answer 43

Cannot reclaim the Crane

The seller cannot reclaim the title of the crane when the buyer sold the goods to third other person and the third person bought the goods in the good faith, in case when the seller does't know about the buyer insolvency.

The Seller can demand for the insolvency proceeding against the buyer.

Answer 45

The Computers are identified to the contract.

The goods must be ascertained to claim the possession of the goods from the seller. Otherwise the contract would be vague in nature.