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15 August, 08:11

Sayed and Ann form a contract under which Sayed agrees to sell Ann 500 copies of a book. The contract price is $3.50 per book. Sayed breaches the contract by not delivering the books to Ann by the deadline. At the time of the breach, the books are available from the publisher for $4.50 each. Ann's damages are:

a. $1,650.

b. $500.

c. $1,275.

d. $750

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  1. 15 August, 10:04
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    b. $500

    Explanation:

    Ann's damages will be $500 for 500 copies

    Contract Price = $3.50

    Sales Price = $4.50

    = (Sales Price - Contract Price) * Number of copies

    = ($4.50 - $3.50) * 500

    =$1.00 * 500

    = $500
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