Fact Pattern 13-3
Sal contracts with Tasty Pizza to deliver its products. Both parties change their minds, however, and inform each other that they would like to cancel the contract.
-Refer to Fact Pattern 13-3. The next day, Sal changes his mind and again offers to deliver Tasty's products. Tasty is willing to deal, but for a new price. Sal and Tasty
A) may agree to a new contract, but it cannot include a new price.
B) may agree to a new contract that includes the new price.
C) must perform their original contract.
D) must perform the part of their original contract that is executory.

Question

Fact Pattern 13-3​
Sal contracts with Tasty Pizza to deliver its products. Both parties change their minds, however, and inform each other that they would like to cancel the contract.
-Refer to Fact Pattern 13-3. The next day, Sal changes his mind and again offers to deliver Tasty's products. Tasty is willing to deal, but for a new price. Sal and Tasty
A) ​may agree to a new contract, but it cannot include a new price.
B) ​may agree to a new contract that includes the new price.
C) ​must perform their original contract.
D) ​must perform the part of their original contract that is executory.

Quizplus · Accepted Answer

Since both parties cancelled the original contract, they are released from their obligations. When Sal offers to deliver again and Tasty offers a new price, they are essentially negotiating a new contract, and as such, they may agree to a new contract that includes the new price.

Fact Pattern 13-3​ Sal Contracts with Tasty Pizza to Deliver Its Products. Both

Fact Pattern 13-3 Sal Contracts with Tasty Pizza to Deliver Its Products. Both