Question

Tyrion and Alchemist make a contract where Tyrion will pay $20,000 for 5.000 gallons of wild fire. Alchemist promises to deliver the deadly chemical by August 29. On August 27. Alchemist informs Tyrion that he cannot perform on the contract. Tyrion then contacts Varys for the wild fire. Varys supplies him with 5,000 gallons for $17,000. Tyrion later sues Alchemist for breach of contract What may Tyrion recover from Alchemist? o a. $7000 b. $15,000 c. $27,000 d. $20,000 e. $5,000

Answer 1

Answer: $0

(This should be one of the options)

Explanation: Tyrion will not be able to receive any monetary compensation from Alchemist as Tyrion did not suffer any monetary loss.

Although there is a breach of contract when Alchemist does not deliver on the agreed terms, Tyrion was able to make a profit due to this reason.

Also, note that Tyrion had not paid anything before the contract was breached.

Let us assume that Tyrion eventually paid Varys a higher amount for the wild fire, say $25,000 he could claim damages from the Alchemist up to the amount that he lost as a result of the breach of contract, that is, $5,000.

Answer 2

The answer is: c. $ 27,000.

Explanation:

A breach of contract is the breach of either party to comply with the terms of a contract without a legal excuse.

One of the forms of breach of contract is the Material.

This describes the breach of any of the parties to fulfill the duties established in the contract and is considered one of the most serious. If a serious clause has been violated, it allows the claimant to seek damages.

Because in this case there has been a contract with disbursement of money that has not been fulfilled by the other party, it is possible to claim in addition to what was paid at the time, damages, so that Tyrion would be entitled to recover $ 27,000 from Alchemist.

The answer is: c. $ 27,000.