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DochEvi [55]
3 years ago
11

Suppose, you own a screen-printing business and you enter into a contract with a local school to print 50 orange t-shirts with t

he school name and their mascot on the front. Each shirt costs $10. Before the shirts are delivered, the school breaches the contract. You are now stuck with 50 shirts you cannot resell because no one wants t-shirts with someone else's school name and mascot on the front. What amount can you sue for if you sue for damages
Business
1 answer:
LUCKY_DIMON [66]3 years ago
6 0

Answer: $500

Explanation:

Based on the scenario in the question, there's a breach of contract as the shirts aren't delivered and there are 50 t-shirts which cost $10 each that no one law is willing to buy because it has a school name and their mascot on the front.

Here, the maker of the shirt can sue for damages and since there's no resale, the amount to be sued for damages will be the price of each shirt multiplied by the total number of shirt. This will be:

= $10 × 50

= $500

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defective

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Swan Finance Company, an accrual method taxpayer, requires all of its customers to carry credit life insurance. If a customer di
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Recognize an income/loan repayment of $1,300, and cancel the debt of $200 from the earlier recognition of income

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