Business law questions? (multiple choice)?

posted by .

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

  • Business law questions? (multiple choice)? -

    contact

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. investmets

    July oats are trading at $2.48, analysis says they will sell at $2.40 in a couple of months. what kind of return on capital will she make if she shorts 3 july oats contracts ( each contract covers 5,000 bushels of oats) by depositing …
  2. business law

    Fess, a farmer, contracted to sell his cabbage crop to Chris C. for $475, the contract being made one week before the harvest. The contract was oral. After the harvest Fess quickly sold the crop to Don Trump instead for $700 when Trump …
  3. Business Law

    Fess, a farmer, contracted to sell his cabbage crop to Chris C. for $475, the contract being made one week before the harvest. The contract was oral. After the harvest Fess quickly sold the crop to Don Trump instead for $700 when Trump …
  4. Business law

    Fess, a farmer, contracted to sell his cabbage crop to Chris C. for $475, the contract being made one week before the harvest. The contract was oral. After the harvest Fess quickly sold the crop to Don Trump instead for $700 when Trump …
  5. Finance

    Farmer Tom Hedges anticipates taking 100,000 bushels of oats to the market in three months. The current cash price for oats is $2.15. He can sell a three- month futures contract for oats at $2.20. He decides to sell 10 5,000-bushel …
  6. Business Law

    Regan marries at age 17. Then, she enters into a contract with Art to purchase an automobile for $10,000. She later changes her mind and wants to void the contract. Which of the following is true?
  7. Business Law

    Regan marries at age 17. Then, she enters into a contract with Art to purchase an automobile for $10,000. She later changes her mind and wants to void the contract. Which of the following is true?
  8. Business law

    Peter, a farmer, leaves 3 bushels of tomatoes with John, the owner of a grocery store. Peter says “Look these over. If you want them, they’re 30,000/- a bushel.” John never gets back with Peter. John runs out of his own tomatoes …
  9. math

    a farmer sold 425 bushels of wheat and oats for $481.58. How many bushels of each did he sell, if he received $2.08 a bushel for the wheat and $.94 a bushel for the oats?
  10. Business Law- Need Help with this one..

    Which of the following statements is true about contracts?

More Similar Questions