1. Mathis owns a store that sells antique wooden toys, as well as custom-made toys....
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Mathis owns a store that sells antique wooden toys, as well as custommade toys. Bob approaches Mathis and indicates that he is very interested in an antique toy that Mathis has on display. The toy is extremely rare and, after a tense conversation, the parties agreed to a price of $ A month earlier, Mathis purchased the toy in question for $ Two days before the agreed to transaction date the toy was large and Bob would need to return with a pickup truck to hold the toy Bob repudiated the contract because he found the same antique toy for $ elsewhere. Mathis sues Bob. How would Mathiss damages be computed under the following scenarios, which are independent of each other. a Mathis resells the toy for $ b Mathis resells the toy for $ c Mathis chooses to keep the toy because he cannot find a buyer. At the agreed to transaction date, the toys FMV was $
Mathis owns a store that sells antique wooden toys, as well as custommade toys. Bob approaches Mathis and indicates that he is very interested in an antique toy that Mathis has on display. The toy is extremely rare and, after a tense conversation, the parties agreed to a price of $ A month earlier, Mathis purchased the toy in question for $ Two days before the agreed to transaction date the toy was large and Bob would need to return with a pickup truck to hold the toy Bob repudiated the contract because he found the same antique toy for $ elsewhere. Mathis sues Bob. How would Mathiss damages be computed under the following scenarios, which are independent of each other.
a Mathis resells the toy for $
b Mathis resells the toy for $
c Mathis chooses to keep the toy because he cannot find a buyer. At the agreed to transaction date, the toys FMV was $
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