Foundations of law, Business Law and Ethics

Mr. D is a professional basketball player who orders some shoes through the mail. The mail order house promises all customers delivery within 30 days of receiving the order. Mr. D's shoes do not get delivered to him on time; as a result, he has to wear ill-fitting, uncomfortable shoes in the NBA-championship game. Because his feet hurt him, he does not perform well and his team loses the game. Can he sue the mail order house for the $10 million in endorsements he loses by not having the right pair of shoes?

Wilson enters into a contract to buy an automobile for $20,000 from Z co., a dealer. Wilson subsequently backs out of the contract. Z Co. then sells the vehicle to Thompson for $19,000. Z Co, sues Wilson for breach of contract. During the trial, an accountant reports that the "cost" of the vehicle to Z Co. was $16,000. However, on cross-examination this witness testifies that of the $16,000, $2,000 are fixes costs (i.e. costs which must be paid by the dealer regardless of how many vehicles it sells) What is the amount of damages that Z Co. should recover from Wilson? Suppose alternatively that:

(A) The evidence shows clearly that Mr. Thompson would have bought another similar vehicle from Z Co. if the vehicle which Mrs. Wilson agreed to buy had not been available.
(B) The Vehicle was a one-of-a-kind gullwing Mercedes. If Z co. had not had this car available, Thompson would have not purchased anything.

Posted Date: 2/22/2013 6:55:11 AM | Location : United States

Related Discussions:- Foundations of law, Assignment Help, Ask Question on Foundations of law, Get Answer, Expert's Help, Foundations of law Discussions

Write discussion on Foundations of law
Your posts are moderated
Related Questions
Question 1 What are the rights and duties of an agent? Question 2 (a) What is the significance of the passing of property i) where the contract is an agreement to se

Q. Dual appointment of FWO Inspectors? An additional legislative option would be for FWO Inspectors to be appointed under the Tax Act and the Corporations Act giving them great

Corgi was the breeder of prize-winning pedigree dogs that often sold for very high prices. Reynolds, a wealthy businessman who had recently retired, decided to purchase one of thes

SOURCES OF INTERNATIONAL LAW Apart from Treaty and Customs, the Statute of International Court of Justice (ICJ) under its article 38 (1) mentions some other sources of internati

Non-accepting shareholders: Acceptance on the required scale must be obtained within a maximum of four months from the date of the offer.  The position then is that: (a) at

Question 1: (a) Briefly outline the role of the State in Employee Relations. (b) Write short notes on any three of the following: (i) The Ministry of Labour and Industrial

Judicial and Legislative Function of Chief Justice Judicial Function However a judge of the High Court and the court of Appeal he participates in the adjudicatory proce

Accounts to be Annexed to Balance Sheet: By S.156 (1) the profit and loss of account, and, thus far as not incorporated in the balance sheet or profit and loss of account, any

Self-Confidence: Entrepreneurs are self-confident and tackle problems immediately with confidence and are persistent in the pursuit of their objectives. Most are at their best in

Mode of Reduction: S.68 (1) expressly states that a company may reduce its capital "in any way". There is therefore no statutorily prescribed mode of reduction and the actual