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Business, 16.10.2020 05:01 21580

Question 34 (1 point) In Crest Ridge Construction v. Newcourt, where an order for construction materials that Crest Ridge needed was
rejected for failure to meet credit terms, and Crest Ridge had to find a higher-cost replacement and sued Newcourt for
damages, the appeals court held that:
Newcourt was liable for breach of contract because there was sufficient evidence that the two companies had
formed a contract under the definition found in the UCC
Newcourt was not liable for breach of contract because there was not sufficient evidence that the two companies
had formed a contract under the definition found in the UCC
Crest Ridge was liable for breach of contract because it failed to inform Newcourt that it would not be able to
pay before delivery
Crest Ridge did not have a case because there was never any indication that they had formed a contract with
Newcourt
Newcourt was not liable for damages, even though there was sufficient evidence that the two companies had
formed a contract under the definition found in the UCC

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