Asked by
venus kouakou
on Nov 30, 2024
Verified
Although the nonhappening of presupposed conditions may relieve the seller of her contractual duty, if the contingency affects only a part of the seller's capacity to perform, the seller must
A) hold all inventory until she has enough to fulfill all contracts.
B) sell what inventory she has so that she can refund all payments.
C) fulfill earliest orders first.
D) allocate delivery and production in a fair and reasonable manner among her customers.
Presupposed Conditions
Implicit assumptions or prerequisites believed to be true, forming the basis upon which further ideas, policies, or actions are built.
Allocate Delivery
Allocate Delivery refers to the process of assigning specific goods or services to be delivered as part of the fulfillment of a contract or agreement.
Contractual Duty
An obligation agreed upon in a contract that one party must perform for the other.
- Comprehend the role and effect of predetermined contingencies on contractual obligations and party performances.
Verified Answer
SA
Learning Objectives
- Comprehend the role and effect of predetermined contingencies on contractual obligations and party performances.