On January 10^th, JON, Inc. enters into a contract in which Jon, Inc. is to deliver 1000 special order widgets to the JPK Construction Company for use in a unique project. Delivery is scheduled for November 23^rd. On February 14^th, JON, Inc. hears through the grapevine that JPK has entered into a contract with another company to buy the widgets at a lower price. JON, Inc. calls JPK on March 15^th and is reassured that the contract will be honored. On August 8^th, JPK takes delivery of the widgets from the other company and begins using them in the unique project they are working on. On November 23^rd, JON, Inc's truck arrives at JPK's loading dock with the 1000 widgets and JPK refuses to take delivery. If JON, Inc. sues JPK, when would the statute of limitations begin?

Question

Quizplus · Accepted Answer

The statute of limitations for a breach of contract typically begins on the date the breach occurs. In this case, the breach occurred on November 23rd when JPK refused to accept delivery of the widgets.

On January 10th, JON, Inc

On January 10^th, JON, Inc