Accra Brewery Company Limited agreed to supply 300 cartons of Star Beer for the 2018 Christmas Season to Alisa Hotels. It was agreed that delivery was to be made on or before 15th December 2018. As at 24th December 2018, Accra Brewery Company Limited had not delivered the beer. Alisa Hotels therefore repudiated the contract, arguing that the ‘X’ mass season was almost over. On 3rd January 2019, Accra Brewery Company Limited intended to deliver and Alisa Hotels repudiated. Discuss the effect of repudiation.

Accra Brewery Company Limited agreed to supply 300 cartons of Star Beer for the 2018 Christmas Season to Alisa Hotels. It was agreed that delivery was to be made on or before 15th December 2018. As at 24th December 2018, Accra Brewery Company Limited had not delivered the beer. Alisa Hotels therefore repudiated the contract, arguing that the ‘X’ mass season was almost over. On 3rd January 2019, Accra Brewery Company Limited intended to deliver and Alisa Hotels repudiated. Discuss the effect of repudiation.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter17: Advanced Issues In Revenue Recognition

Section: Chapter Questions

Problem 8C

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