Pina contractually agreed to purchase a shipment of beans from Jerry.The beans were to be delivered on June 15.A court recently held that Pina is entitled to discharge the contract because Jerry did not perform as required by the agreement.Assuming that the general rules of contract are all applicable in this case,which of the following statements is most likely TRUE?
A) Jerry breached the contract by delivering the beans on June 17.
B) Pina will rely upon the remedy of rescission.
C) Jerry breached a term that the court classified as a warranty.
D) Although Jerry was able to deliver the beans on June 15,he had announced on May 30 that he would not be able to perform on time.
E) While Pina initially decided to carry on with the contract after Jerry's anticipatory repudiation and after Jerry did not deliver the beans on June 15,she changed her mind after the price of beans dropped and she was able to obtain the same quantity of beans from another supplier at a lower cost.
Correct Answer:
Verified
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