Solved

Ewing's of Dallas Placed a $10,000 Order for Dresses,F

Question 62

Essay

Ewing's of Dallas placed a $10,000 order for dresses,F.O.B.Dallas from Marvelous Manufacturing Co.in New York,for their October 1 Fall Showing.The dresses were to be shipped at a cost of $300 to the seller.In New York,Marvelous dresses were the rage,but the boom had not yet reached Dallas.By September 15,Ewing's realized that the shop could not afford all of these dresses and called Marvelous to cancel the contract.On September 15,the market price for the dresses in New York was $9,000 and in Dallas,$5,000.On October 1,the market price had risen to $9,500 in New York and to $7,000 in Dallas.What may Marvelous do? What are the alternatives for damages from Ewing's?

Correct Answer:

verifed

Verified

a.Specific performance is an equitable r...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents