Billy ordered two rooms of furniture from Rooms-To-Go. Billy paid the full price of both rooms. When Rooms-To-Go delivered the furniture to Billy, he said that he could only take one room of the furniture and asked Rooms-To-Go to take the other room of furniture back to their warehouse until he could take that room of furniture. Rooms-To-Go agreed to do that and placed the other room of furniture that Billy ordered and paid for in its warehouse. While the furniture was in the Rooms-To-Go warehouse, it was destroyed by fire. Billy asked Rooms-To-Go to refund the money that he paid for the furniture that was destroyed by fire, but Rooms-To-Go refused, claiming that the risk of loss was on Billy since he was the owner of the furniture that was destroyed by fire.<\/p>\n
Does Rooms-To-Go owe Billy the money for the furniture destroyed by fire or is Billy out of luck? your reply 200 word<\/b><\/p>\n
This is a two-part assignment that consists of two different contract analysis scenarios. Please answer both<\/p>\n
scenarios on one document.<\/p>\n
Contract analysis scenario one<\/p>\n
\u2014<\/p>\n
damages determination:<\/p>\n
Alfred and Barbara own adjoining farms in Dry County, an area<\/p>\n
where all agriculture requires irrigation. Alfred bought a well-drilling rig and drilled a 400-foot well from which he drew drinking water. Barbara needed no additional irrigation water, but in January 1985, she asked Alfred on what terms he<\/p>\n
would drill a well near her house to supply better-tasting drinking water than the<\/p>\n
county water she has been using for years. Alfred said that because he had never before drilled a well for hire, he would charge Barbara only $10 per foot, about one dollar more than his expected cost. Alfred said that he would drill to a maximum depth of 600 feet, which is the deepest his rig could reach. Barbara said, “OK<\/p>\n
\u2014 as long as you can guarantee completion by June 1, we have a deal<\/p>\n
.”<\/p>\n
Alfred agreed, and he asked for $3, 500 in advance, with any further payment or refund to be made on completion. Barbara said, “OK,” and she paid Alfred $3,<\/p>\n
500. Alfred started to drill on May 1. He had reached a depth of 200 feet on May 10 when his drill struck rock and broke, plugging the hole. The accident was unavoidable. It had cost Alfred $12 per foot to drill this 200 feet. Alfred said he would not charge Barbara for drilling the useless hole in the ground, but he would have to start a new well close by and could not promise its completion before July 1.<\/p>\n
Barbara, annoyed by Alfred\u2019s failure, refused to let him start another well. On June 1, she contracted with Carl to drill a well. Carl agreed to drill to a maximum depth of 350 feet for $4,500, which Barbara also paid in advance, but Carl could<\/p>\n
not start drilling until October 1. He completed drilling and struck water at 300 feet on October 30.<\/p>\n
In July, Barbara sued Alfred, seeking to recover her $3,500 paid to Alfred, plus the $4,500 paid to Carl.<\/p>\n
On August 1, Dry County’s dam failed, thus reducing the amount of water available for irrigation. Barbara lost her apple crop worth $15,000. The loss could have been avoided by pumping from Barbara\u2019s well if it had been operational by August 1<\/p>\n
. Barbara amended her complaint to add the $15,000 loss.<\/p>\n
In a minimum of a 1,000-word<\/b>contract analysis, discuss Barbara\u2019s suit against Alfred. What are Barbara\u2019s rights, and what damages, if any, will she recover?<\/p>\n
Cite any direct quotes or paraphrased material from outside sources. Use APA format.<\/p>\n
Contract analysis scenario two\u2014remedies determination:Mundo manufactures printing presses. Extra, a publisher of a local newspaper<\/p>\n
had decided to purchase new presses. Rep, a representative of Mundo, met with Boss, the president of<\/p>\n
Extra, to describe the advantages of Mundo’s new press. Rep also drew rough plans of the alterations that would be<\/p>\n
required in Extra\u2019s pressroom to accommodate the new presses, including additional floor space and new electrical<\/p>\n
installations, and Rep left the plans with Boss.<\/p>\n
On December 1, Boss received a letter signed by Seller, a member of Mundo’s sales staff, offering to sell the required number of presses at a cost of $2.4 million. The offer contained provisions relating to the delivery schedule, warranties,<\/p>\n
and payment terms but did not specify a particular mode of acceptance of the offer. Boss immediately decided to accept the offer and telephoned Seller’s office. Seller was out of town, and Boss left the following message:<\/p>\n
“Looks good. I’m sold. Call me when you get back so we can discuss details.”<\/p>\n
Using the rough plans drawn by Rep, Boss also directed that work begin on the necessary pressroom renovations. By December 4, a wall had been demolished in the pressroom and a contract had been signed for the new electrical<\/p>\n
installations.<\/p>\n
On December 5, the President of the United States announced a ban on<\/p>\n
foreign imports of computerized heavy equipment. The ban removed-from the American market a foreign manufacturer that had been the only competitor of<\/p>\n
Mundo. That afternoon, Boss received an email from Mundo stating, “All outstanding offers are withdrawn.” In a subsequent telephone conversation, Seller told Boss that Mundo would not deliver the presses for less than $2.9 million.<\/p>\n
I<\/p>\n
n a minimum of 1000<\/b> word<\/b> contract analysis, discuss the following questions: Was Mundo obligated to sell the presses to Extra for $2.4 million? Assume Mundo was so obligated. What are Extra\u2019s rights and remedies against Mundo?<\/p>\n
Cite any direct quotes or paraphrased material from outside sources. Use APA format.<\/p>\n","protected":false},"excerpt":{"rendered":"
Billy ordered two rooms of furniture from Rooms-To-Go. Billy paid the full price of both rooms. When Rooms-To-Go delivered the furniture to Billy, he said that he could only take one room of the furniture and asked Rooms-To-Go to take Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-53353","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/53353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=53353"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/53353\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=53353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=53353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=53353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}