Contracts
-Albert found a great new job that required him to move from Southern California to Montana. Since he would no longer need it, Albert decided to sell his top-of-the-line, custom-crafted surfboard. Arnold entered into an agreement with Albert to purchase the surfboard for $500. Arnold lost his job and told Albert that he could not afford to buy the surfboard. Archie agreed to purchase it for $400, and Arthur offered Albert $500. Because Archie is a good friend to Albert, he decided to sell it to him for $400. In a breach of contract lawsuit against Arnold, how much would Albert recover under the UCC?
A) $500
B) $400
C) $100
D) $1
E) $0
Correct Answer:
Verified
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