Third-party rights and obligations — MCQs

Using only the supplied file and legal resources, prepare an advisory email assessing LensWorks Studio's rights against Harbor Venue under the event-services agreement. Analyze intended-beneficiary status, vesting, the attempted modification, Harbor's defenses, and LensWorks's likely damages. Recommend a settlement position that accounts for mitigation and the client's business objective.

Using only the supplied client file and legal resources, draft a persuasive but settlement-oriented letter to Precision Parts' counsel responding to its repudiation of the supply contract. The letter should state GreenLine's legal position, calculate supportable damages using the supplied figures, address Precision's limitation-of-liability argument and GreenLine's mitigation conduct, and propose a commercially reasonable resolution that preserves GreenLine's rights. Do not threaten unrelated claims or rely on outside law.

A developer contracted with a paving company to resurface a shopping center parking lot by October 1 for $240,000. On September 1, the paving company unequivocally emailed that it would not perform because it had accepted a more profitable project. The developer immediately obtained a reasonable substitute contract for $275,000, with work scheduled for October 1. On September 5, before the developer informed the paving company of the substitute contract, the paving company retracted its repudiation and offered adequate assurances of timely performance. The original contract contained no provision addressing repudiation. The developer wants to proceed with the substitute and recover the $35,000 difference. Which of the following is the most appropriate advice?

A builder agreed to renovate an office for $180,000, with completion due September 1 and payment due upon completion. The contract required the owner to obtain a building-access permit by June 1. The owner timely obtained the permit, and the builder began work. On July 10, when the renovation was 40% complete, the owner told the builder, "My financing has failed. I will not pay you anything, even if you finish." The builder reasonably estimated that completing the project would cost an additional $70,000. The owner did not retract the statement, and nothing suggested that the owner was temporarily negotiating payment terms. The builder asks whether it must continue spending money before bringing a contract claim. Which of the following is the most appropriate advice?

A restaurant-equipment wholesaler, a merchant, sent a hotel a signed email offering to sell 40 specified refrigerators for $3,000 each. The email stated, "This offer will remain open for four months." The hotel gave no consideration for that assurance. Three months and two weeks later, market prices increased, and the wholesaler emailed the hotel, "I revoke my offer effective immediately." The hotel received the revocation that morning. That afternoon, within the stated four-month period, the hotel sent an unconditional acceptance. The wholesaler received the acceptance the following day and refused to deliver. Under Article 2, which of the following is the strongest conclusion?