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2018  \nProfessors R.Patterson &C.Borges  \n## Instructions:\n\nThere are three (3)questions in this examination.  \nYou will be given three (3)hours to complete the examination.  \nContracts ExaminationSpring 2018Profs.Patterson &Borges  \n## Question 1\n\nBox Co.manufactures cardboard boxes used for storing household goodsduring moving.On February 1,Moving Co.telephoned Box Co.and said it needed  \n5,000 boxes from Box Co.'s catalogue at the price listed in the catalogue.MovingCo.asked that each box be imprinted with Moving Co.'s address in black ink,andthat the boxes be delivered to Moving Co.on May 1.Because this was to be thefirst transaction between the parties,Moving Co.asked Box Co.to send it a boxfor inspection prior to making their order.On February 15,Box Co.delivered toMoving Co.a box with the requested black ink imprint with a note stating“Welook forward to filling your order and doing business with you.\"  \nOn February 16,Moving Co.sent its order form for 5,000 to be delivered onMay 1.The following was printed at the bottom of the order form:  \n\"Strict adherence to the terms and color sample is required.\"  \nBox Co.delivered 4,500 boxes on May 1 and the remaining 500 on May 2.The imprint on most of the boxes was a murky grey.Moving Co.refused to payfor any of the boxes and requested that Box Co.correct the imprints.  \nBox Co.sues Moving Co.for breach of contract for non-payment.  \nWhat are the rights of the parties?Discuss.  \nContracts Final ExaminationSpring 2018Profs.Patterson &Borges  \n## Question 2\n\nOn June 1,2016,Louie agreed to purchase one(1)acre of land from ABCConstruction and Development and have ABC build a 5,000 square foot customhome according to plans,and complete the home no later than August 1,2017 fora price of $500,000.The plans included specific brands of fixtures to use in theconstruction.You may assume valid offer,acceptance and consideration in youranswer.  \nLouie was presented with a written agreement on ABC letterheadcontaining all of the essential terms including a time of the essence clause whichLouie initialed “L.L.”ABC did not sign this document.ABC proceeded withconstruction according to the plans submitted by Louie.Louie called ABC inOctober to make sure they were proceeding as per the contract and plans whichABC acknowledged.  \nOn July 30,2017,ABC notified Louie that the house was completed andLouie did an inspection and discovered the following problems:The light switchesin five rooms were installed on the opposite wall from the plans;bathroomfixtures were the incorrect brand although similar to those called for in the plans;the roofing was incomplete and would require an extra four days to seal andcomplete.This last item(the roofing)was delayed because rain in the summermonths,which was quite unusual,caused delay to the painters and roofers,andresulted in Louie having to move into a hotel for the four (4)days of delay.Inadditions,ABC refused to move the light switches and replace the bathroomfixtures with the correct brand.Louie refused to pay for the house at all.  \nABC consults you and request that you advise them as to the rights of bothparties.  \n## Question 3\n\nAbe,a scientist,invented a machine which produced children's toys from arubber compound that Abe discovered from recycled rubber.The machine wasused extensively by toy manufacturers and duplicate models of the machine wereavailable for purchase.Abe manufactured the rubber compound in California.  \nIn 2017,Abe agreed in writhing with BK Toys to sell to BK ten(10)of themachines and promised to keep the machines in repair for one year for a total of$20,000.In the same agreement,Abe agreed to supply the rubber compoundneeded for one year at the rate of $10 per 100 pounds.The agreement alsostated that \"this contract cannot be assigned.\"  \nAbe delivered the 10 machines and BK paid him $20,000.For four months,Abe delivered the required compound.At the start of the fifth mon","cbCaifX0pueAXi0B","https://ap.wps.com/l/cbCaifX0pueAXi0B","pdf",7664684,25,"English","# Formation\n## Offer\n## Offer Open\n## Acceptance\n## Consideration\n## Statute of Frauds\n# Breach\n## Perfect tender rule\n## Quality\n## Quantity\n## Right to cure\n## Acceptance and revocation of acceptance\n## Delivery timing and substantial performance\n# Remedies\n# Statute of Frauds\n## Substantial performance\n## Time of essence and relief from forfeiture\n## Bathroom fixtures and damages\n# Assignment and Delegation","[{\"question\":\"What contract issues does Question 1 test regarding the box order?\",\"answer\":\"Question 1 tests breach based on nonpayment, specification of ink imprint color, delivery split across two dates, inspection requests, and whether Moving Co. accepted or could revoke acceptance.\"},{\"question\":\"How does Question 2 frame potential breach and remedies for the custom home?\",\"answer\":\"Question 2 centers on whether the unsigned writing affects enforceability, the significance of a time-of-the-essence clause, whether substantial performance exists despite defects, and what relief may be available for delay and incorrect fixtures.\"},{\"question\":\"What assignment or delegation questions are addressed in Question 3?\",\"answer\":\"Question 3 asks about the effect of a clause stating the contract cannot be assigned, the impact of Abe’s sale to Company, who bears obligations, and whether Company’s later failure to deliver is excused by extraordinary circumstances.\"}]","CONTRACTS - FINAL EXAMINATION - Spring 2018 | PDF",1789956792,63]