Question

Hardwoods, a timber supplying company, contracted with a furniture manufacturer, taylor furniture. hardwoods owned a large plot of land where it grew oak and beech trees. taylor had contracted with hardwoods to buy 1 ton of each type of lumber grown by hardwoods each month at a d

Answer 1

A. Instead of a tornado’s striking Hardwoods’ land, the state in which Hardwoods operates passes a law making it illegal for any lumber
companies to cut down trees for the purposes of selling their wood. This environmental measure causes Hardwoods to go out of business.