The Legal Environment of Business: Text and Cases
9th Edition
ISBN: 9781305764460
Author: Frank B Cross/ Roger LeRoy Miller
Publisher: CENGAGE C
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Question
Chapter 12, Problem 1IS
Summary Introduction
Case summary:A company AP conducts business online with another company BD.
To find: The determinant factors for the effects of electronic documents that evidenced that the parties are in the deal.
Summary Introduction
Case summary:A company AP conducts business online with another company BD.
To find: The necessity of the signature of the parties in the online businesses.
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Students have asked these similar questions
According to the CISG, when a contract is for sale of goods by description, a slight breach may be treated as a fundamental breach. True or False. Explain.
The following situations generally require a contract to be in writing:
• sales of land
• purchases of goods over $500
• promises made in consideration of marriage
⚫ contracts that cannot be completed in less than one year
•
a contract in which one person promises to pay the debt of
another person
This legal concept is known as
offer and acceptance
promissory estoppel
the statute of frauds
et lux perpetua luceat eis
Time Inc. offers to sell to Unlimited Sales Company one hundred digital watches at $50 a piece, subject to certain specific delivery dates. Unlimited replies with a signed purchase order that reads, “Accept your offer for 100 watches at $50 each. Must be delivered to our warehouse.” Time does not respond or deliver the goods. Unlimited files a suit for breach of contract, to which Time answers that there is no contract because Unlimited’s purchase order contained additional terms and is not signed by Time. A valid contract exists and the additional terms ("must be delivered to our warehouse") becomes part of the contract.
A) True
B) False
Chapter 12 Solutions
The Legal Environment of Business: Text and Cases
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Similar questions
- Mr. Abdul offers for sale at an auction "a working handheld electronic toy, ready to use straight away". Mr. Bashir places the highest bid as he wanted to make his child's birthday special. Mr. Abdul delivers the electronic toy without batteries. Mr. Bashir sues for breach of contract since the batteries were not delivered. What is the likely outcome of this situation? O a. The contract is invalid as Mr. Abdul and Mr. Bashir have different subjective intentions. O b. Mr. Abdul is in breach of the contract by not providing batteries O . The contract is valid as Mr. Abdul and Mr. Bashir have different subjective intentions O d. Mr. Bashir must pay more for the batteries on delivery of the electronic toyarrow_forward(a) In performing a contract of sale of goods, there may be a situation where the seller fails to deliver the goods in the agreed quantity. Discuss the rights of the buyer upon such failure.(b) Mel complains about a shabby t-shirt that was delivered to him by an online trader upon his purchase, but the trader refuses to issue a refund on the ground that the t-shirt is a clearance item. Advise Melarrow_forwardWhich of the following is false with regard to shipping contracts and destination contracts: A. A contract that provides only that goods are to be shipped "To buyer's address in California" is a shipping contract. B. A contract that provides for shipment of goods but is otherwise ambiguous as to shipment terms is presumed to be a shipment contract. C. For a destination contract, the risk of loss remains on the seller until the goods are delivered to the buyer at the buyer's location. D. Where a contract is silent as to delivery or shipment (i.e. the parties have not negotiated for shipment of the goods), the strong presumption is that the contract is deemed to be a shipment contract.arrow_forward
- 14) The person who gave assistance in agency relationship is known as agent. a) True b) False 15) The governing law for contract of sales is Sale of Goods Act 1957. a) True b) Falsearrow_forwardOn a beautiful Saturday in October, Francie decides to take the twenty-mile ride from her home in New Jersey into New York City to do some shopping. Francie finds that Brown’s Retail Sales, Inc., has a terrific sale on televisions and decides to surprise her husband with a new high-definition television. She purchases the set from Brown’s on her VISA card for $1,450. When the set is delivered, Francie discovers that it does not work. Brown’s refuses to repair or replace it or to credit Francie’s account. Francie therefore refuses to pay VISA for the television. VISA brings a suit against Francie. Will VISA prevail? Why or why not?arrow_forwardWhich one of the following is a term that is implied by statute? Select one: a. A term required to make the contract between the parties effective b. A term that goods must be of merchantable quality c. Good faith d. A term implied on the basis of past dealings between the partiesarrow_forward
- Tying contracts, which is prohibited under the Clayton Act, refers to the situation where a producer requires that a buyer: O Can resell the product but only at a higher price than the original purchase price O Cannot buy a similar product from other producers if that buyer wants to continue buying its product O Buy another of its products as a condition for buying the desired product 4 O Cannot ever resell the product boughtarrow_forwardShawn buys 50 widgets at a store closing sale. He buys the widgets intending to use them around the house. He only uses 25, though, and decides to sell the remaining widgets online. Shawn lives in Colorado. He finds an individual buyer, Victoria, in Italy. Does the CISG apply if there is an issue with this contract? O No, because at least one party must be a merchant. Yes, because the contract does not state that the CISG does not apply. O Yes, because the CISG automatically applies when two signatory country parties enter into a contract. No, because the contract does not state that the CISG applies. O No, because these are two consumers.arrow_forwardIn which of the following situations is the agent the only liable party for the contract? Multiple Choice The agent contracts with a third party through the medium of a non-negotiable instrument. The contract expressly includes the principal in the contract. The agent contracts with a third party knowing the third party would not enter into a contract with the principal if the principal's identity were disclosed. The third party contracts with the agent that does not require the agent's performancearrow_forward
- SPRINT is negotiating with Carly Rae Jepsen’s lawyers to use her copyrighted hit song “Call Me Maybe” in a commercial launching its new cell phone campaign. What is the intellectual property document that SPRINT will have to obtain from Carly Rae Jepsen? Explain the purpose of this document.arrow_forwardBroker Juanita is in a single agent relationship with Seller Mike when one of Juanita's sponsored sales associates brings a buyer to the transaction. Select the statement that indicates what Juanita will need to do with respect to her relationship with Seller Mike if the buyer remains in a transaction broker relationship with the sponsored sales associate. No further actions are needed with respect to Mike's relationship. move Mike to a transaction broker relationship by having him sign a consent to transaction disclosure notice move Mike to a transaction broker relationship without informing himarrow_forward1. State the issue in this case. 2. State the contract in this case. 3. State the elements of contract in this case.arrow_forward
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