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Ashorn Ashorn
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6 years ago
Jack is 13 years old and a young musical legend. Jack enters into negotiations with a studio pertaining to a starring role in a series of movies. Prior to the negotiations, and as a condition to entering into the negotiations, Jack and the studios enter into an agreement under which the studio agrees to buy Jack a limousine for his personal use. The studio buys the limousine. A few months later Jack repudiates the contract and his chauffeur has an accident with the limousine. Which of the following is true?
a. Jack may sell the limousine and then pay the proceeds to the studio.
b. Jack will have to return the limousine in the state it is in.
c. The studio can sue Jack for breach of contract.
d. Jack may keep the limousine but has to pay for it.
e. Jack will have to repair the limousine and then return it.
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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Existence87Existence87
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6 years ago
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