Post Utme Uniport 2024 Commerce Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Uniport Commerce examination.

Post Utme Uniport 2024 Commerce Objective / Multiple Choice
Question 2 POST_UTME_UNIPORT • 2024 • COMMERCE • objective

A company in Nigeria has a contract with a supplier to purchase goods worth ₦1,000,000. The contract specifies that the goods must be delivered within 30 days. If the supplier fails to deliver the goods within the specified time, what is the company's recourse?

Answer Options

Correct Answer A. The company can terminate the contract and claim damages
B. The company can claim specific performance
C. The company can claim liquidated damages
D. The company can claim interest on the contract price
Correct Answer
A
Correct Option:
The company can terminate the contract and claim damages

About This Question

This is Post Utme Uniport 2024 Commerce Question 2. It is one of the objective questions from the 2024 Post Utme Uniport Commerce examination.

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