Does charles have any defenses to breach of this contract

Assignment Help Operation Management
Reference no: EM131192797

Charles was a farmer who farmed 600 acres of land. Charles entered into a hand-shake contract with 4H Grain Company. The agreement called for Charles to sell 20,000 bushels of corn to 4H in October, when Charles’ corn crop would be harvested. The agreed price was to be $1.00 per bushel or $20,000. That amount was to be paid to Charles when he delivered the corn to 4H.

Unfortunately, there was a rain storm during the summer that damaged Charles’ corn crop, and part of the corn crop failed. Because of that failure, Charles was only able to offer 9,000 bushels of corn to 4H in October. 4H refused the offer of part of the amount that was to be delivered by Charles and sued Charles for breach of contract to deliver corn. There is nothing in the contract that addresses this situation.

Assume that the facts given are admitted and not in dispute.  

Is there anything that Charles can do to avoid breaching the contract? Does Charles have any defenses to breach of this contract? Who should win? Why?

Reference no: EM131192797

Questions Cloud

When creating compensation system : You are a consultant hired by the Herrington Specialty Metal Sheeting Corporation of Detroit, Michigan to assist the HR Director in redesigning the compensation system. The four strategic policy decisions that one must make when creating a compensati..
Commercial entrepreneurs and social entrepreneurs : New products may be physical goods or services or a combination of both. Commercial entrepreneurs and social entrepreneurs offer this mix of products and services, although the marketing plans for these activities differ. Compare and contrast the mar..
Market opportunity details-identification of target market : There are at least nine components to a formal business plan for a new product. Consider four of those components: (a) product or service details, (b) market opportunity details, (c) identification of target market, and (d) competitor analysis and id..
Government regulation generated innovative product : Analyze the importance of overall business advertising and government regulation (local, state, and federal) as tools for generating new concepts. Provide an example of how advertising or government regulation generated an innovative product or servi..
Does charles have any defenses to breach of this contract : Charles was a farmer who farmed 600 acres of land. Charles entered into a hand-shake contract with 4H Grain Company. The agreement called for Charles to sell 20,000 bushels of corn to 4H in October, when Charles’ corn crop would be harvested. Is ther..
Payoff tables may include only non-negative numbers : States of nature are alternatives available to the decision maker. Prior probabilities refer to the relative likelihood of possible states of nature. Payoff tables may include only non-negative numbers. The maximax approach is an optimistic strategy...
Discussed in the text is the moral hazard problem : One of the most important concepts discussed in the text is the moral hazard problem. Even though this problem cannot be eliminated completely, it can be reduced through various actions such as the Basel Agreements. I have figured students find moral..
Discuss current and future trends in technology : Your organization has just budgeted $10 million to allow for a much needed update or upgrade. How would you spend this money and why? Please discuss current and future trends in technology and how these trends can be useful or not.
Systems support business intelligence and business analytics : Describe the decision-making process and how good information systems support business intelligence and business analytics. Use a present day organization, and discuss the business intelligence and analytics used by the organization.

Reviews

Write a Review

Operation Management Questions & Answers

  Evaluate the use of committees within the organization

In what ways do committees occasionally serve to counterbalance authority and diffuse power within an organization. Evaluate the use of committees within the organization, identifying the most optimum use in your opinion. Defend your position.

  Measurement is above upper control limit in control chart

Which of the following is NOT true regarding an in control process in which a measurement is above the upper control limit in a control chart (assuming control limits set at 3 sigma)? the process is now considered to be out of control there was a 0.3..

  Statements about leadership

Which of the following adjectives is increasingly associated with today's top leaders? Many well- known individuals in the computer technology industry have become great leaders by applying: Which of the following statements about leadership is most ..

  Determine the ten day optimal production mix

Baba Furniture Company employs four carpenters for 10 days to assemble tables and chairs. It takes two peron-hours to assemble a table and 5 person-hour to assemble a chair. Customers usually buy one table and four to six chairs. Determine the 10-day..

  What is the probability that he will win the reduced amount

Samuel Cartwright is suing over a workmanship defect in a data backup system that cost him 3 years of client data. He is suing for $1 million, and the manufacturer is offering him an out-of-court settlement of $450,000, of which Samuel will receive $..

  Leadership decision-making and organizational behavior

How can the SWEATT Model be used to guide leadership decision-making and organizational behavior? How is this linked to the Wisdom to Tradition model?

  Review the implementation plan in significant enough depth

THC Breathalyzer is the innovation so Prepare 10-15 professionally developed presentation slides that accomplish the following: Describe the innovation and its value to both customers and the organization/entity to which you are pitching your idea. R..

  Telewonder in slovobia

Slovobia is a former Soviet Republic. It has a population of 30 million people, 35% of whom are ethnic Russians and 65% of whom are Turkic Muslims.

  Explain how a product life cycle has important implication

Explain how a product's life cycle has important implications in terms of process design and choice.

  Skills necessary for the workplace

Skills necessary for the workplace include all of the following EXCEPT:

  Using valid peer-reviewed sources on the internet

Using valid peer-reviewed sources on the Internet, update any dated facts in this case with more current information. Do these new facts reflect any changes in the ethical culture of the financial industry since the 2008 meltdown?

  Usually there is a line for preferred customers

Consider boarding an aircraft on one of the major airlines. Usually there is a line for "preferred customers”. You know, those for military, then those with difficulties boarding, those with small children, first class, business class, platinum class..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd