Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

Mit-E Piping Company ships its only pump to National Hydraulics Corporation, the manufacturer, for repair. Mit-E hires Overland Transport, Inc.

Mit-E Piping Company ships its only pump to National Hydraulics Corporation, the manufacturer, for repair.Mit-E hires Overland Transport, Inc., to take the pump to National Hydraulics and to return it to Mit-E assoon as the repair is complete. Mit-E is forced to suspend operations without a pump, but Overland does notknow this. Mit-E expects to be without the pump for five days and to lose profits of $5,000. When the pumpis not returned by the end of the fifth day, Mit-E rents a pump at a cost of $100 per day. Overland delays fivemore days before returning the pump. Mit-E files a suit against Overland, asking for compensatory andconsequential damages. Will Mit-E recover? Explain.

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question