Question

‘X’ entered into a contract with ‘Y’ to supply him 1,000 water bottles @ ` 5.00 per water bottle, tobe delivered at a specified time. Thereafter, ‘X’ contracts with ‘Z’ for the purchase of 1,000 waterbottles @ ` 4.50 per water bottle, and at the same time told ‘Z’ that he did so for the purpose ofperforming his contract entered into with ‘Y’. ‘Z’ failed to perform his contract in due course andmarket price of each water bottle on that day was ` 5.25 per water bottle. Consequently, ‘X’ couldnot procure any water bottle and ‘Y’ rescinded the contract. Calculate the amount of damageswhich ‘X’ could claim from ‘Z’ in the circumstances? What would be your answer if ‘Z’ had notinformed about the ‘Y’s contract? Explain with reference to the provisions of the Indian ContractAct, 1872.

Answer 1

at a client base with the resources and interest in paying a premium in order to receive a product that is understood to be of high quality. The company offering the product, such as a high-end watch or a limited edition car, may aim its marketing to reach the client base in ways they cannot miss. That could include putting on exhibitions to display the product in front of invite-only guests who fit the financial demographics of the desired client base.

Answer 2

Hope it helps u dear.