Lehor collectsantique cars. He contracts to purchase spare parts fora 1938 engine from Beem
January 3rd, 2018
Lehor collectsantique cars. He contracts to purchase spare parts fora 1938 engine from Beem. These parts are not madeanymore and are scarce. To obtain the contract withBeem, Lehor agrees to pay 50 percent of the purchaseprice in advance. On May 1, Lehor sends the payment,which Beem receives on May 2. On May 3, Beem, havingfound another buyer willing to pay substantially morefor the parts, informs Lehor that he will not deliver ascontracted. That same day, Lehor learns that Beem isinsolvent. Discuss fully any possible remedies availableto Lehor to enable him to take possession of these parts.