Answer to Question #239886 in Macroeconomics for Bee

Question

Sarah sells her motor vehicle to Benny for £5 000. They agree that Benny will pay Sarah immediately, but Sarah will only deliver the vehicle to Benny on Thursday. On Wednesday, lightning destroys the vehicle while parked outside Sarah's house. Discuss the legal position o f each. Would your answer be any different if Sarah had failed to deliver the car on Thursday, and the car had been struck by lightning c

Answer 1

Here Benny has a right to reclaim the money paid while Sarah has a right and obligation of refunding the money or looking for an alternative to settle their agreement. If Sarah fails to deliver on Thursday ,the answer won't change.