A
With the busy summer beach season fast approaching, Trendee of Bayonne, a retail women's wear store, ordered 100 women's swimsuits at $ 10$ each, as advertised in the catalog of Stingray, a manufacturer of swimwear. Stingray shipped Trendee 40 swimsuits, along with a letter, stating in relevant part: "We have shipped you 40 swimsuits at $ 10$ each as per your recent order. Please remit $ 400$ to Stingray. Be informed that we will be unable to ship the additional 60 suits you requested at this time or at any time during this year's beach season." Trendee took the 40 suits, put them on their salesracks, and began to sell them. Trendee immediately sought an alternate supplier of swimsuits. The best price it could obtain was $ 11$ per suit from Flying Fish Industries. Trendee ordered, received, accepted, and paid for 60 suits at $ 11$ each from Flying Fish. Trendee has refused to pay Stingray. If Stingray sues Trendee, Stingray is entitled to:
A. $ 400$, the contract price for the 40 suits delivered by Stingray and accepted by Trendee.
B. $340, the contract price for the 40 suits, less Trendee's cover damages.
C. The fair market value of the 40 suits, less the $ 60$ cover damages.
D. Nothing, because it failed to fully perform the contract.