Fact Pattern 14-1
Internet Cafes, Inc., contracts to buy all of its requirements for coffee, at a minimum of 1 million pounds per year, from Java Corporation for six years. After three years, Internet tells Java that it plans to sell its company to Kwik Eateries, Inc. Kwik refuses to assure Java that it will continue Internet’s contract.
-Refer to Fact Pattern 14-1.Java can
A) assign its rights under the contract but cannot terminate it.
B) do nothing.
C) suspend performance under the contract until Java is fully paid.
D) terminate the contract and seek damages.
Correct Answer:
Verified
Q25: On May 1,City Auto & Truck Sales
Q42: Citrus Groves contracts with four food companies
Q42: Craft Engineering,Inc.,contracts for a sale of technical
Q43: Pep Paints agrees to sell to Quality
Q54: Vehicle Leasing Agency (VLA) and Wander Trucking
Q56: Fact Pattern 14-1
Internet Cafes, Inc., contracts
Q58: Mineral Resource Company contracts to provide several
Q59: Relax Chair Company contracts to deliver 100
Q71: Double D Ranch and Esau enter into
Q76: Loni and Myra enter into a contract
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents