Solved

A Buyer Contracts to Buy an Automobile from a Seller

Question 49

Multiple Choice

A buyer contracts to buy an automobile from a seller (an individual who is not a car dealer) for $1,000.The buyer fails to accept and pay for this car,so the seller sells it to another party for $1,200.This second sale cost the seller an extra $50 in advertising.The seller sues the buyer for damages for breach of contract.In this situation:


A) The seller can collect $250.
B) The seller can collect $200.
C) The seller can collect $50.
D) The seller collects nothing,but keeps the extra amount received.
E) The seller collects nothing,but must give buyer the extra $150.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents