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Question
Sally contracts with Tasty Pizza Company to deliver its products. Both parties change their minds, however, and inform each other that they would like to cancel the contract.Sally and Tasty
a. may rescind their entire contract.
b. may rescind their contract to the extent that it is executory.
c. must perform their entire contract.
d. must perform the part of their contract that is executory.
Answer
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Related questions
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If a third party will be affected by a contract, the parties to the contract are in privity with the third party.
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Vague generalities and obvious exaggerations constitute deceptive advertising.
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An act must substantially affect interstate commerce to violate antitrust law.
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Antitrust legislation was created because of the belief that competition leads to lower prices.
Q:
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a. only if the result more clearly concentrates the market.
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b. a per se violation.
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d. subject to analysis under the rule of reason.
Q:
An antitrust action is brought against Tri-State Transport Company, alleging the offense of attempted monopolization. To be guilty of this offense, Tri-State's attempt must have
a. a dangerous probability of success.
b. a deadly guaranty of success.
c. a distant possibility of success.
d. a distinct improbability of success.