Legal Aspects of Business MCQ - Legal Aspects of Business Section 1
- A B is not entitled to receive from A, by way of compensation, the sum, if any, by which the contract price falls short of the price for which B might have obtained 50 maunds of saltpeter of like quality at the time when the saltpeter ought to have been delivered
- B B is entitled to receive from A, by way of compensation, the sum, if any, by which the contract price does not fall short of the price for which B might have obtained 50 maunds of saltpeter of like quality at the time when the saltpeter ought to have been delivered
- C B is entitled to receive from A, by way of compensation, the sum, if any, by which the contract price falls short of the price for which B might have obtained 50 maunds of saltpetre of like quality at the time when the saltpetre ought to have been delivered
- D None of these
- A B is entitled to receive from A, by way of compensation, the difference between the contract price of the cloth and its market price at the time of delivery
- B B is entitled to receive from A, by way of compensation, the difference between the contract price of the cloth and the profits which he expected to obtain by making caps
- C B is entitled to receive from A, by way of compensation, the difference between the contract price of the cloth and the expenses which he has been put to in making preparation for the manufacture
- D None of these