Genosha Limited ordered 500 pairs of jeans from Jeans Co a company based in Sydney Australia. JeansCo's standard ordering form on which the order was made, provides that payment must be made within 10 days of the date of delivery
Genosha received the jeans but owing to financial difficulty, has been unable to complete the payment of the purchase price. Which of the following statements most accurately describes JeansCo's best legal position?
A) It can seek punitive damages against Genosha.
B) It can cancel the contract and sue for the recovery of the goods
C) It can sue for the recovery of the goods but cannot cancel the contract
D) It can seize the jeans as the law allows sellers some margin of self help.
E) It can sue Genosha for damages for breach of contract equivalent to the outstanding amount of the purchase price.
E
You might also like to view...
Which of the following best describes dumping?
A. It is a duty specifically levied to offset a subsidy. B. It is the relinquishment of an obligation owed by another. C. It is a financial contribution made by a government or other public body that confers a benefit on an enterprise, a group of enterprises, or an industry. D. It is the selling of exported goods at prices below their normal value.
The correct implementation in the case of an atomic operation is to test separately for the presence of the lockfile and to not always attempt to create it
Indicate whether the statement is true or false.