Antarez Jewelers contracts RTR Mining to purchase rare polished diamonds.RTR fails to deliver the goods on the scheduled date.Antarez attempts to procure the diamonds from other sources but is unsuccessful in its pursuit due to the scarcity of polished diamonds.Which of the following rights can Antarez exercise in order to recover its goods from RTR?

Question

Quizplus · Accepted Answer

The right to replevy goods allows Antarez to recover the goods from RTR if RTR fails to deliver them on the scheduled date. This right is particularly useful in situations where the goods are scarce and cannot be easily procured from other sources. The other options, such as the right to stop delivery of goods in transit or the right to withhold delivery, may not be applicable in this scenario as the goods were never delivered to begin with. The right to cure allows the breaching party (in this case, RTR) to cure the breach within a reasonable timeframe, which may not be practical given the scarcity of the goods.

Antarez Jewelers Contracts RTR Mining to Purchase Rare Polished Diamonds