Can reed successfully collect damages from julia

Assignment Help Business Management
Reference no: EM131387670

Julia contracts to sell to Hayden, an ice cream manufacturer, the amount of ice Hayden may need in his business for the ensuing three years to the extent of not more than 250 tons a week at a stated price per ton. Hayden makes a corresponding promise to Julia to buy such an amount of ice.

Hayden sells his ice cream plant to Reed and assigns to Reed all Hayden's rights under the contract with Julia. On learning of the sale, Julia refuses to furnish ice to Reed. Can Reed successfully collect damages from Julia? Explain.

Reference no: EM131387670

Questions Cloud

Can puff recover under this contract : Puff brought an action for breach of the paving contract against the Smooth Paving Company to recover damages for the loss of his house. Can Puff recover under this contract? Explain.
Find the consumer and producer surplus under the monopoly : Market demand for a product is given by P=700 – 10Q. Marginal cost is given by MC = 200. Find the equilibrium price and quantity if the market is competitive. Find the consumer and producer surplus. Find the price and quantity under monopoly. Find th..
Explain who will prevail in given : Anne then quit and disappeared. The agency now sues Bostwick Co. for $950 under the assignment. Who will prevail? Explain.
Must pamela sell the land to michael : Georgia, without Pamela's permission, assigned the contract to Michael. Michael now seeks to exercise the option, and Pamela refuses to sell Greenacre to him. Must Pamela sell the land to Michael?
Can reed successfully collect damages from julia : Hayden sells his ice cream plant to Reed and assigns to Reed all Hayden's rights under the contract with Julia. On learning of the sale, Julia refuses to furnish ice to Reed. Can Reed successfully collect damages from Julia? Explain.
Market experiences future demand : A water utility for a growing city is considering expanding their capacity by investing in a larger system of wells. Their long-run marginal cost of water provision is characterized by the function MC(q) = 5 + (2/3)(q) (q is in thousands of gallons)...
Will erwick succeed in its claim : The contract price was for $200,000, and the final payment is $20,000. Erwick now brings suit seeking the $20,000. Will Erwick succeed in its claim?
Is green obligated to pay the money demanded by white : On June 1, White, needing money to pay his income taxes, made a demand upon Green to pay him the $3,500 due on that date. Is Green obligated to pay the money demanded by White?
What is the backward induction solution to this game : Consider the following sequential strategic situation, called the centipede game. The game has 100 stages. Two players take turns making decisions, starting with player 1. Draw the game tree for this strategic situation (the name of the game will bec..

Reviews

Write a Review

Business Management Questions & Answers

  Compensation policy will provide benefits for steve injury

a. List three types of benefits will be paid under a workers' compensation insurance policy in most states for the losses that occurred in this case. b. Which employer's workers' compensation policy will provide benefits for Steve's injury?

  Determining a loan payment amount

Determining a Loan Payment Amount. If you borrow $8,000 with a 5 percent interest rate, to be repaid in five equal yearly payments, what would be the amount of each payment?

  Determine the annual dps under the following policies

i) Determine the annual DPS under the following policies. ii) A regular dividend of sh. 8 and an extra dividend to bring the payout ratio to 40% if it otherwise would fall below. b) Do you believe it will be justifiable for a company to borrow money ..

  Gonzalez-padron addressed several ethical issues

Gonzalez-Padron (2015) addressed several ethical issues that have arisen in the 21st century. Using the Ashford University Library, find an article relating to a 21st century ethical issue (please do not limit yourself to the list in the textbook)..

  Design and implement a program

Design and implement a program (called MyTriangle) is to implement the specified methods. Test MyTriangle Class used to compute the area of a triangle if the input is valid. Notice that method isvalid() is used to validate the input before attempt..

  Pushing its current ratio

Hindelang Corporation has $1,240,324 in current assets and $538,549 in current liabilities. Its initial inventory level is $375,000, and it will raise funds through additional notes payable and use them to increase inventory. How much can Hindelan..

  Successful completion of the assignment

Psychologists and theologians alike have disputed the concept of innate good. It remains a central question in the study of personality. In this assignment, you will discuss the concept of innate good in relation to several personality theories.

  Explain about brand communication

college or Pro sport organization attempt to affect consumers through brand communication and how does this affect your feelings of change over the next 25 years?

  Analyze four vanguard client services areas of full-service

Analyze the four Vanguard client services areas of full-service institutional, investment-only institutional, core retail also high-net-worth retail using the Boston Consulting Group Matrix.

  Binary option under normal distribution

AAPL currently is trading at $100. A binary call option will pay you $1 if the price at expiration is above the strike price, $0 otherwise. Risk-free rate of interest is zero.

  Nowadays a growing problem in the world

Plastic grocery bags are nowadays a growing problem in the world, bags now are everywhere including the oceans where wildlife strange, choke and make the animals to die due to its consumption.

  Create the ddl statements that build

Create the DDL statements that build these tables and their relationships.  You do not need to include columns except the primary key and any foreign key(s).  All primary and foreign key fields are required.  These DDL statements should be in one scr..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd