Foundations of law, Business Law and Ethics

Assignment Help:

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.


Related Discussions:- Foundations of law

Bankruptcy, how can a receiving order be rescinded?

how can a receiving order be rescinded?

International competition law, Select a specific industry or corporation an...

Select a specific industry or corporation and analyse the factors that determine a competitive or anticompetitive outcome;    - Factors such as profit motives interacting with the

Restricted names - name clause , Restricted Names:  Section 17)1) of t...

Restricted Names:  Section 17)1) of the Registration of Business Names Act provides that no company shall be registered under a business name: (a)     which contains any wo

What are the state foreign policy, What are the state foreign policy Th...

What are the state foreign policy The states disregard the operational rule, that power must be counter balanced - they place their over security in jeopardy. "The balance of p

What are the fact finding ethics, The phrase called information overload ma...

The phrase called information overload may be a bit of a problem because it used so often, but the fact remain that managers & support staff are merged in information of all kinds.

Compulsory winding up, Compulsory winding up: At the hearing other cre...

Compulsory winding up: At the hearing other creditors of the company may oppose the petition.  If so, the court is likely to decide in favour of those to whom the larger amoun

Law of negligence not every error is negligence, Every person is having dif...

Every person is having different set of knowledge and skill with them which is different from other individual, this difference in skill and knowledge factor among various individu

Purpose of a trial period in a contract of employment, QUESTION 1 S.38(...

QUESTION 1 S.38(2) and S.38(3) of the Employment Relations Act require that an employee should be given the "opportunity to answer the charge" before the employer decides to te

Declaration of solvency, DECLARATION OF SOLVENCY:                     ...

DECLARATION OF SOLVENCY:                                       A voluntary winding up is a members' voluntary winding up only if the directors make and deliver to the regist

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd