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September 21, 2014

Homework Help: Business law questions? (multiple choice)?

Posted by May on Friday, April 18, 2008 at 4:00pm.

Farmer J enters into a contract to sell 15,000 bushels of oats to ABC Mills. Flood destroys one-half of his crop. Farmer J

a. Is excused from performance od contract because of impossibility
b. Is excused from perf of contract because od destruction of subject matter
c. is bound to perf contract and is commit a breach of contract if he does not perform

Farmer J suffers a stroke and is unable to harvest the grain. Farmer J

a. a. Is excused from performance od contract because of impossibility
b. Is excused from perf of contract because od destruction of subject matter
c. is bound to perf contract and is commit a breach of contract if he does not perform

When Sam transferred to another city by his employer, Gary agreed to make all remaining payment on a mobile home Sam was buying from Green, Inc. Green's release of Sam and acceptance of Gary as a substituted party to the contract was

a. an accord & satisfaction
b. an anticipatory breach
c. a novation

I think the answer is A,A,A

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