Barton Beers sells 5,000 of a variety microbrewed beers to Bars Inc for $50,000 for delivery by October 1 for the OctoberFest Celebration. Barton Beers receives a promissory note signed by Bars Inc for $10,000 due on November 1. The microbrewed beers arrive on time, but Bars Inc determines 20 percent of the beers are not microbrewed beers. They were made by traditional breweries. Because October 15^th is the deadline for the regional OctoberFest Celebrations as set by Bars Inc, Bars Inc opts to purchase the remaining microbrewed beers from a more expensive brewer. Bars Inc's efforts to secure the new microbrewed beers cost an extra $14,000. Must Bars Inc pay the $50,000 note on November 1? Why or why not?

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The Answer of Barton Beers sells 5,000 of a variety microbrewed beers to Bars Inc for $50,000 for delivery by October 1 for the OctoberFest Celebration. Barton Beers receives a promissory note signed by Bars Inc for $10,000 due on November 1. The microbrewed beers arrive on time, but Bars Inc determines 20 percent of the beers are not microbrewed beers. They were made by traditional breweries. Because October 15^th is the deadline for the regional OctoberFest Celebrations as set by Bars Inc, Bars Inc opts to purchase the remaining microbrewed beers from a more expensive brewer. Bars Inc's efforts to secure the new microbrewed beers cost an extra $14,000. Must Bars Inc pay the $50,000 note on November 1? Why or why not?

Barton Beers Sells 5,000 of a Variety Microbrewed Beers to Bars