Arthur enters into a written contract with James that requires James to sell Arthur's farm. Arthur then hires Katherine to sell his farm without terminating the contract with James. Which of the following statements is true of this scenario?
A) James can sue Arthur for monetary damages only if their contract was an exclusive agency contract.
B) James can sue Arthur for breach of contract on the grounds of duty of cooperation and ask for specific performance.
C) Arthur has the authority to enter into a contract with Katherine without terminating the contract with James.
D) If James has not completed the duties assigned to him in the contract, Arthur need not compensate James for his services.
B
You might also like to view...
Describe what management can do to limit union organizing efforts.
What will be an ideal response?
The offeror cannot be found liable for the crime of bribery if the person to whom the bribe is offered rejects the bribe
Indicate whether the statement is true or false
Tact requires good judgment, thought, and choosing your words carefully
Indicate whether the statement is true or false
The Federal Reserve purchases U.S. Treasury securities to:?
A. ?loosen the money supply. B. ?reduce the credit availability. C. ?increase the interest rates. D. ?decrease the inflation. E. ?increase the tax rates.