A promises B to sell him one hundred bales of merchandise, to be delivered next day, and B promises A…
Illustration (d) to section 54: "B's promise to pay need not be performed, and A must make compensation." Delivery the next day was to precede payment within a month, so A's…
Choose your answer
A promises B to sell him one hundred bales of merchandise, to be delivered next day, and B promises A to pay for them within a month. A does not deliver next day. What follows?
Answer and explanation
Correct answer A
Illustration (d) to section 54: "B's promise to pay need not be performed, and A must make compensation." Delivery the next day was to precede payment within a month, so A's default releases B. A, as the party in default, must also compensate B for the loss caused.
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