Question

assume that jessie and lester have formed a contract whereby jessie agrees to deliver 10,000 dozen grade a large eggs to be shipped in paper cartons. a shortage of paper makes paper cartons much more expensive, so jessie uses styrofoam cartons and ships the eggs. lester is entitled to cancel the contract based on a material breach of the contract. True or false?

Answer 1

The statement given by Lester is true, he can terminate the contract as Jessie didn't follow the protocol.

What is Contract?

A contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.

For example :-

A promise by one party to another that they will or will not perform a specific action in the future. Example: I will pay you $3,500 for the purchase of your vehicle. Acceptance . Usually mirrors the terms of the offer—an expression, through words or deeds, that both parties agree to the terms of the contract

So, the answer is true since Lester have the authority to terminate the agreement due to a substantial breach.

Thus, the given statement is true.

To learn more about Contract visit :

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