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Part 1
Nori Stores contracts to purchase $1,000,000 of goods from a clothing manufacturer. Nori pays $100,000 as a down payment, and the first $200,000 worth of goods are delivered. The goods are materially defective, and the defect cannot be cured. Nori Stores _______.
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Part 1
A.
must pay the additional $100,000
B.
can rescind the contract, but it cannot get its $100,000 back
C.
must sell the goods even with the defect
D.
is obligated under the $1,000,000 contract
E.
can rescind the contract and receive its $100,000 back