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Question
13 multiple choice 4 points
bob signed an agreement with joe under which bob agreed to purchase all the hay that joe grew during the coming growing season. this contract will be
unenforceable due to its vagueness.
unenforceable due to the difficulty of devising an appropriate remedy for a breach.
enforceable as long as both parties act in good faith and bob doesnt suddenly demand more hay than what was reasonably estimated.
unenforceable unless state real estate law makes an exception
Under contract law, requirements contracts (where one party agrees to purchase all the goods of a certain type that the other party produces) are enforceable if both parties act in good faith. Here, Bob's agreement to buy all the hay Joe grows is a requirements contract. The key is good - faith performance. If Bob doesn't demand an unreasonable amount (more than what could be reasonably estimated based on prior dealings or industry norms), and both act in good faith, the contract is enforceable.
- The contract is not unenforceable due to vagueness. The subject matter (hay) and the scope (all that is grown) are clear enough for a requirements contract.
- The difficulty of devising a remedy for breach (e.g., calculating damages) does not make the contract unenforceable. Courts can use methods like market - value comparisons for breach remedies.
- Real estate law is not relevant here as the contract is about the sale of goods (hay), not real estate.
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enforceable as long as both parties act in good faith and Bob doesn't suddenly demand more hay than what was reasonably estimated.