Pavers Inc. contracts to sell some heavy equipment to Earthmovers, Inc. Before either party performs, Pavers, Inc. sees an article in a local paper about a possible Earthmovers bankruptcy. On learning this, Pavers is concerned about its contract with Earthmovers. Pavers should
A) demand assurances of performance from Earthmovers, Inc.
B) consider the contract repudiated and sue Earthmovers for breach.
C) sell the equipment to a different firm but bill Earthmovers for any lost profit.
D) sell the equipment to a different firm and notify Earthmovers that the contract is canceled.
Correct Answer:
Verified
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