Is the contract enforceable and why

Assignment Help Management Theories
Reference no: EM131377966

Thomson Printing Company is a buyer and seller of used machinery. On April 10, the president of the company, James Thomson, went to the surplus machinery department of B.F. Goodrich Company in Akron, Ohio, to examine some used equipment that was for sale. Thomson discussed the sale, including a price of $9,000, with Ingram Meyers, a Goodrich employee and agent.

Four days later, on April 14, Thomson sent a purchase order to confirm the oral contract for purchase of the machinery and a partial payment of $1,000 to Goodrich in Akron.

The purchase order contained Thomson Printing's name, address, and telephone number, as well as certain information about the purchase, but did not specifically mention Meyers or the surplus equipment department. Goodrich sent copies of the documents to a number of its divisions, but Meyers never learned of the confirmation until weeks later, by which time the equipment had been sold to another party.

Thomson Printing brought suit against Goodrich for breach of contract. Goodrich claimed that no contract had existed and that at any rate the alleged oral contract could not be enforced because of the statute of frauds. Is the contract enforceable? Why?

Reference no: EM131377966

Questions Cloud

Is hoffman liable on his oral promise to pay for car rental : The plaintiffs (Budget and Goodyear) sued the defendants (Hoffman) for payment of the car rental and tires. Is Hoffman liable on his oral promise to pay for car rental and the four new tires?
Is shaw obligated to pay the debt in question : Stuart Studio then brought this action against Shaw on the basis of his promise to pay the bill. Is Shaw obligated to pay the debt in question? Explain.
Explain whether or not tyler clementis constitutional right : Rutgers University student Tyler Clementi committed suicide by jumping off the George Washington Bridge. The suicide occurred after the 18-year-old discovered that his intimate encounter with another man in his dorm room was broadcast on the Inter..
Is alleged oral contract barred by one year provision : rice claims that in 2002 he entered into a valid oral employment contract with Mercury Supply Company in which he was made vice president of sales for life or until he should retire. Is the alleged oral contract barred by the one-year provision of..
Is the contract enforceable and why : Goodrich claimed that no contract had existed and that at any rate the alleged oral contract could not be enforced because of the statute of frauds. Is the contract enforceable? Why?
Explain whether this evidence is admissible : Paragraph 16 of the lease provides as follows: ‘‘Tenant shall not erect or install any signs ... visible from outside the leased premises with out [sic] the previous written consent of the Landlord.'' Explain whether this evidence is admissible.
Identify steps of the criminal justice process from arrest : The Bill of Rights finds its roots in documents such as the British Magna Carta of 1215 AD. It was one of the first documents that provided the common man independence from a monarch. It did imply that the federal government's law dominated all ot..
How high could blocks be stacked : how high could blocks be stacked if the limestone has a compressive strength of 4000 psi and a density of 135 lb per cubic foot?
Discuss the legality of the oral agreement : When Allstate did not honor the agreements, plaintiffs filed a suit for breach of contract. Discuss the legality of the oral agreement.

Reviews

Write a Review

Management Theories Questions & Answers

  Compile a list of 100 new products

A trip to the grocery could probably yield your entire list, but then your list would be limited to consumer products.

  Explain positives and negatives of implementation process

Identify the type of policy that was implemented. Explain the reasons supporting the implementation of the policy. Explain the positives and negatives of the implementation process. This section could include feedback received from the clients using ..

  Bathking industries

BathKing Industries

  Percent preferred stock issue outstanding

Superior Cement Company has an 8 percent preferred stock issue outstanding, with eachshare having a $100 face value. Currently, the yield is 10 percent. What is the market priceper share?

  Carefully study your text reading assignment

Use the pay architecture information in the pay structure design worksheet to complete Table 1 - Pay Structure. You must decide on appropriate range spread and calculate dollar values. Note that midpoint differential and point data are provided.

  Generally have interest in unionizing

which of the following groups do not generally have interest in unionizing?

  Key components of the facilities plan

Executive Summary: The executive summary provides a brief overview of the key components of the facilities plan and incorporates recommendations

  Find the vendor and the quantity with the minimum

If the holding cost is 50% of the purchase price. Find the vendor and the quantity with the minimum total cost.

  Meaning of debtor management

Meaning of Debtor management

  Acting is considered as a good profession

in your opinion, is acting considered a "good" profession (regardless of the gender) or does it still have a taint of immorality attached to it?

  Write and consider the importance of forecasting for the

write and consider the importance of forecasting for the global supply chain of a retail food company. identify and

  What should you do fix it and ship it or inform the customer

Rebuilding the equipment would be very expensive and time-consuming; moreover, notifying the customer that you were planning to rebuild the unit would also put your overall manufacturing procedures in question. What should you do-fix it, ship it, ..

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