Mrs. Wilson enters into a contract to buy an automobile for $20,000 from Z Co., a dealer. Mrs. Wilson subsequently backs out of the contract. Z Co. then sells the vehicle to Mr. Thompson for $19,000. Z Co. sues Mrs. 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 fixed 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 Mrs. 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 gull wing Mercedes. If Z Co. had not had this car available, Mr. Thompson would not have purchased anything.
This question was answered on: Jan 30, 2021
Buy this answer for only: $15
This attachment is locked
We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free solution (Deadline assured. Flexible pricing. TurnItIn Report provided)
Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
About this QuestionSTATUS
Jan 30, 2021EXPERT
GET INSTANT HELP/h4>
We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.
You can also use these solutions:
- As a reference for in-depth understanding of the subject.
- As a source of ideas / reasoning for your own research (if properly referenced)
- For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
NEW ASSIGNMENT HELP?
Order New Solution. Quick Turnaround
Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.
WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.