Probable held that the statute of frauds

Assignment Help Business Management

Reference no: EM1346749

In the course of operating their businesses, Young shaped an oral contract with Drury to buy several carloads of tomatoes. Drury inscribed a memorandum on his own letterhead for his personal records. The memo limited the terms of the agreement however was not signed by either party. Drury directed Young a copy for his records. Later Drury inscribed Young a letter stating he would not sell the tomatoes as agreed. Young charged in state court to enforce the contract. Drury struggled that the contract was subject to the Statute of Frauds as well as that because it was not signed, it couldn't be enforced. Young claimed that the memo as well as letter together constituted writings adequate to satisfy the Statute of Frauds. The court most probable held that the Statute of Frauds was

Reference no: EM1346749

Questions Cloud

Does boeing exhibit economies : If Boeing produces 9 jets per month, its long-run total cost is S9 million per month. If produces 10 jets per month, its long run total cost is $9.5 million per month. Does Boeing exhibit economies or diseconomies of scale in producing jets.

Analyze case study and answer : assignment on operations management subject need to be solved. the assignment is to analyze case study and answer some question about it. both case study and the questions, the report is 5-7 pages (double space).

Determine the firm''s free cash flow and calculate the liquid : determine the firm's free cash flow and calculate the liquidity, activity, debt, profitability, and market ratios for Jaedan industries. Perform a DuPont analysis and compare the firm to the industry ratios (see last table in this sequence). Highligh..

Explaining bgpv4 router receives update : Suppose a BGPv4 router receives update for prefix P which indicates AS1 is next hop.

Probable held that the statute of frauds : The memo limited the terms of the agreement however was not signed by either party. Drury directed Young a copy for his records. Later Drury inscribed Young a letter stating he would not sell the tomatoes as agreed.

Find the npv of the project : Pistachio, Corporation is planning of building a bakery to introduce French cookies, to the Newark area. A beginning marketing study, which cost dollar 75,000 & which was finished last year,

What control unit would you indorse in establishing : What control unit would you indorse in establishing sales territories for each of the subsequent companies? Describe why you pick the control unit for each.

Compare as well as contrast the structured interview : Compare as well as contrast the structured interview, situational interview and behavioural interview. Determine which kind of interview would be more beneficial when interviewing applicants. Support your selection.

Swap driven financing the defining features of interest : Describe why corporations engage in swap-driven financing, and describe the defining features of an interest rate and currency swap. Why may a corporation prefer one kind of swap contract over another?

User Account

All Pages