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1. In a breach of contract case, expectancy damages are:

a. none of the other choices are correct

b. not meant to cover the profits the party suffering the breach of contract reasonably expected to make if the contract had been fulfilled

c. damages that allow the party suffering the breach to recover costs incurred due to relying on the promise of the other party

d. meant to cover the profits the party suffering the breach of contract reasonably expected to make if the contract had been fulfilled

e. meant to compensate for mental distress suffered by the party suffering the breach

2. In some residential subdivisions, only single-family homes are allowed, and they must be at least 2,000 square feet, brick construction, with no dog houses. These terms are called:

a. joint conditions

b. deeds

c. none of the other choices

d. common tenancies

e. profits

3. In Bowman v. Monsanto, where Bowman used Monsanto's patented Roundup Ready seeds and, in violation of the contract provided by Monsanto, kept seeds from his crop to use next year so that the seeds had the genetic composition of the Monsanto seeds. The Supreme Court held that:

a. Monsanto's patent only extended to seeds it sold so there was no infringement

b. Monsanto's patented product could be sold with restrictions, which Bowman violated

c. Monsanto's patent had expired by the time of the litigation, so the case was moot

d. none of the other choices are correct

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93116624

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