National Drilling Company ships its only pump to American Hydraulics Corporation,the manufacturer,for repair.National hires Overland Transport,Inc.,to take the pump to American Hydraulics and to return it to National as soon as the repair is complete.National is forced to sus?pend operations without a pump,but Overland does not know this.National expects to be without the pump for five days and to lose profits of $5,000.When the pump is not returned by the end of the fifth day,National rents a pump at a cost of $100 per day.Overland delays five more days before returning the pump.National files a suit against Overland,asking for compensatory,consequential,and punitive damages.Will National recover?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q32: Lester and Myrtle want to rescind their
Q33: Consumer Credit Union pays Derby $10,000 to
Q34: Office Accounting,Inc.,hires Perry to repair a computer
Q35: Refined Commodities,Inc.,agrees to deliver ten tons of
Q36: Damon contracts to repair the turf on
Q37: Grady enters into a contract to buy
Q38: Rite Contractors,Inc.,agrees to build a motel for
Q39: Vacation Vistas,Inc.,agrees to sell certain acreage to
Q40: Karif orally agrees to buy a unique
Q42: Owen buys a used Prius from Quality
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