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 14, Problem 2IS
Summary Introduction
Case summary: Company B contracted to deliver posters to company P on 1st May. On 1st April, B repudiated the contract whereas, P was expecting the delivery.
To find: The scope of P suing B before the date of delivery.
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Students have asked these similar questions
1. A contract to sell real estate is generally not enforceable unless it is in writing.
a) True
b) False
List the three requirements that a mistaken party has to prove in order to claim that the contract is void due to the fact that there had been a mistake and thus no consensus between the parties?
St. Charles Cable TV (St. Charles) was building a new cable television system in Louisiana. It contacted Eagle Comtronics, Inc. (Eagle), by phone and began negotiating to buy descrambler units for its cable system. These units would allow St. Charles's customers to receive the programs they had paid for. Although no written contract was ever signed, St. Charles ordered several thousand descramblers. The descramblers were shipped to St. Charles, along with a sales acknowledgment form. St. Charles made partial payment for the descramblers before discovering that some of the units were defective. Eagle accepted a return of the defective scramblers. St. Charles then attempted to return all the descramblers. asking that they be replaced by a newer model. When Eagle refused to replace all the old descramblers, St. Charles stopped paying Eagle. Eagle sued St. Charles, who claimed that no valid contract existed between the parties.
Is there a valid sales contract? Explain your reasoning…
Chapter 14 Solutions
The Legal Environment of Business: Text and Cases (MindTap Course List)
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