A contract was made for 125 bales of cotton to arrive on a ship named "Peerless" from Bombay. Unbeknownst to either party to the contract, there were two ships named "Peerless," both of which were sailing from Bombay. One sailed in October and the other in December. The buyer had in mind the ship sailing in October, but the seller had in mind the ship sailing in December. Each party held his
belief in good faith. When the goods failed to arrive on time, the buyer sued for breach of contract. The court found:
a. the seller was in breach and must pay damages.
b. the seller was guilty of fraud in the inducement for failing to disclose to the buyer which ship would contain the goods.
c. no contract existed due to mistake in meaning of terms.
d. none of these.
c
You might also like to view...
Answer the following statements true (T) or false (F)
1. During a manager's meeting, Paula, a district manager, discussed how to handle sensitive employee issues and indicated correctly that management is really just an art. 2. Jeffrey Pfeffer and Robert Sutton believed that evidence-based management is founded on the belief that facing the hard facts about what works and accepting the nonsense that passes for sound advice will help organizations perform better. 3. Peter Drucker was a 20th-century socialist, opposed capitalism and believed that managers were more of a hindrance than a help to most organizations. 4. Ali, a CEO of a large IT organization, understands that many challenges are coming in his industry; therefore, he tells his upper-level management that it's helpful to look at theoretical perspectives of management to help make predictions and develop principles to guide future company strategies and actions. 5. Susan, a department manager, believes that ever since the corporate office eliminated certain benefits to reduce costs, her employees have not been working as hard as in the past. This reduction in effort is known as "soldiering."
Discuss the evolution of blogging, its impact on public relations today, and potential impact in the future
What will be an ideal response?
What are some effective ways to reframe the problem with an opponent-turned-partner?
What will be an ideal response?
____ triggers refer to database triggers that are fired by Data Definition Language (DDL) statements or database system events rather than DML actions.
A. ALTER B. CREATE C. System D. Instead-Of