The Legal Environment of Business: Text and Cases (MindTap Course List)
10th Edition
ISBN: 9781305967304
Author: Frank B. Cross, Roger LeRoy Miller
Publisher: Cengage Learning
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Question
Chapter 12, Problem 2BS
Summary Introduction
Case summary:The person T is a buyer and the person M is a manufacturer of file cabinets. M enters into a contract with T for a delivery of some cabinets at $40 per unit. After two out of five promised installments, M raised the price to $50. T agreed to pay $50 per cabinet in writing.
To find: The legality of the person M to collect the additional cost on the next delivery.
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1. A contract to sell real estate is generally not enforceable unless it is in writing.
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The Legal Environment of Business: Text and Cases (MindTap Course List)
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