Sea Rovers, Inc contracted to sell 1,000 pounds of shrimp to the Seafood Shack with delivery on June 1 . On May 1, Sea Rovers advised the Seafood Shack that it would not be able to deliver the shrimp. The Seafood Shack

a. can sue Sea Rovers immediately for breach of contract.
b. must wait until June 1 to see if Sea Rovers will perform before suing for breach of contract.
c. cannot sue Sea Rovers because Sea Rovers gave adequate notice.
d. must wait until actual damages are determined before it can sue.


a

Business

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Which principle of Islamic law prohibits any contract gain that is not clearly outlined at the time of contract, especially when it involves risk and deception?

a. gharar b. ijtihad c. shari'a d. jus cogens

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Damon landed his first contract as an entrepreneur then submitted to the local newspaper a news release that gave the impression this was just one of a series of contracts and that business was booming.  Damon has:

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