remedies

Question 1

specific performance standard

Answer 1

no adequate remedy at law and terms of k are sufficiently definite

Question 2

va will not allow punitive damages unless

Answer 2

compensatory damages are awarded and breaching party is liable for willful, independent tort

Question 3

perfect tender rule

Answer 3

does not conform exactly to the k

Question 4

if buyer rejects good

Answer 4

1) notify in reasonable time
2) buyer entitled to inspect
3) notify seller of rejection and
4) if reejection is late, its impliedly accepted

Question 5

if buyer accepts goods

Answer 5

buyer must pay purchase price and may deduct damages from purchase price

Question 6

acceptance occurs when

Answer 6

indicates he is accepting or inconsistent with seller’s ownership of goods

Question 7

revocation of acceptance

Answer 7

if
1) nonconformity substantially impairs the value of goods

reqs
1) notify seller she is revoking
2) reasonable time from when buyer discover or should have discovered
3) and satisfy one of these
- seller promised to cure
- seller made assurances regarding goods
- nonconformity is latent