Contracts STUPID MISSED Flashcards

1
Q

When goods are identified at the time the contract was made, and the goods are then destoryed before the ROL HAS PASSED to the buyer by fault of neither party, the kx is _____ and each party is relieved from their obligation to perform

A

VOID

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2
Q

The collector is entitled to recover the repair costs ($400) plus the difference between the value of the drawing if it had been as warranted and its value after the repairs ($1,000-700 = 300)

so total recovery amonunt is

A

$700

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3
Q
A
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