Exam 21: Performance Breach of Sales Lease Contracts

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Amble Country Stables contracts to buy 1,000 horseshoes from Burleigh Blacksmith, Inc., for $1 per shoe. When the market price decreases to 50 cents per shoe, Amble refuses to go through with the deal. Burleigh can recover

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Revocation of acceptance is not effective until notice is given to the seller or lessor.

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