Problem

Moore contracted to sell 100,000 board feet of 3/4-inch oak flooring to Ralston at a stipu...

Moore contracted to sell 100,000 board feet of 3/4-inch oak flooring to Ralston at a stipulated price and to make delivery not later than April 15. Moore actually delivered the lumber on April 3, and Ralston paid for it on April 10. What is the status of the contract on April 15?

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Solutions For Problems in Chapter 13