Who will prevail and why

Assignment Help Business Management
Reference no: EM131387926

In April, F. W. Lang Company (Lang) purchased an ice cream freezer and refrigeration compressor unit from Fleet for $2,160. Although the parties agreed to a written installment contract providing for an $850 down payment and eighteen installment payments, Lang made only one $200 payment upon receipt of the goods.

One year later, Lang moved to a new location and took the equipment along without notifying Fleet. Then, in May or June of the following year, Lang disconnected the compressor from the freezer and used it to operate an air conditioner. Lang continued to use the compressor for that purpose until the sheriff seized the equipment and returned it to Fleet pursuant to a court order. Fleet then sold the equipment for $500 in what both parties conceded was a fair sale. Lang then brought an action charging that the equipment was defective and unusable for its intended purpose and sought to recover the down payment and expenses incurred in repairing the equipment.

Fleet counterclaimed for the balance due under the installment contract less the proceeds from the sale. Who will prevail? Why?

Reference no: EM131387926

Questions Cloud

Explain three online data sources that would support : Identify and explain three online data sources that would support the assessment of an online program? How would you improve an entire online program based upon the data collected?
Is the plaintiff correct in its assertion : Is the plaintiff correct in its assertion that its performance had become impracticable through unforeseen events and that it is entitled to relief from performance?
Ratios for general electric corporation : Obtain the most current SEC Form 10-K (annual financial report) from the General Electric Corporation website (Do not use the Annual Report that is sent to shareholders):
Validate an idea with your own experience-additional sources : NURS6351:Having chosen nursing education as my professional pathway, I hope to obtain professional achievement and contributions. Contributions that I hope to make as a role of the nurse educator would be helping to empower and positively impact ..
Who will prevail and why : Fleet counterclaimed for the balance due under the installment contract less the proceeds from the sale. Who will prevail? Why?
Draw the extensive form for the following game : In this case, the attor-ney general does not observe which firm selected the high price (or if bothfirms selected the high price).
Can mccullough rescind the agreement : She continued to operate the vehicle until the time of trial, some seventeen and one-half months (and twenty-three thousand miles) later. Can McCullough rescind the agreement?
Why is art an important component of a culture : ANTH 1001 - INTRODUCTION TO ANTHROPOLOGY. Research question: Why is art an important component of a culture? Thesis Statement: Art, in simple words, can be defined as a mode of communication that can be used be people to share information with each ..
Bond with annual coupon payments : A 30-year zero coupon bond is more subject to reinvestment rate risk than a 30-year bond with annual coupon payments.

Reviews

Write a Review

Business Management Questions & Answers

  Group of computer hackers discovers

1. Suppose that a group of computer hackers discovers a way to break into secure computer networks, rendering such networks useless as a business tool and making obsolete the business methods developed  over the last 15 years.

  Evaluate the health of a company

Financial ratios are widely used in Finance to evaluate the health of a company. Discuss the broad categories of financial ratios. Give examples of each. Discuss limitations if any.

  Acceptable under the sherman act

Due to the limited amount of work available for Actors and Models in their city, the three talent agents have gotten together and agreed to never charge a commission below 15%. Discuss in length if this is acceptable under the Sherman Act?

  Financing a new blockbuster movie

You are considering financing a new blockbuster movie. It will cost $90 million to make this movie (you have to pay this up front, at time t=0). There is a 70% chance it is not successful

  Difference between a group and a team

Explain the difference between a group and a team, and the strategies a leader should consider to influence a group or team

  Compile all of the sections of your research strategy ideas

Compile all of the sections of your research strategy ideas from Week 3. Retrieve your survey results this week to complete your final project in Week 5.

  Create a competitive economy in a globalized world

Review the following statement from your reading this week, "Diversity in the workplace is necessary to create a competitive economy in a globalized world."

  How is culture relevant to ihrm

How is culture relevant to IHRM? What do you believe is important to remember from Hofstede's and the GLOBE studies?

  Explain your rationale for selecting subcontractor

Explain your rationale for selecting subcontractor A or subcontractor B. Explain how does the selected subcontractor optimize operational performance?

  Relationship between integrity and repeat businessethics

relationship between integrity and repeat businessethics and consumer loyaltyone of the key reasons businesses work to

  What would you do in the days and weeks that followed

What is your immediate response and What would you do in the days and weeks that followed? Would you continue to pursue the issue? Why or why not?"

  How can a company leverage its employees strengths

BUS 302- Complete the StrengthsFinder quiz located in the back of your book. What are your top five strengths? Were you surprised at the results? How can a company leverage its employees' strengths to build strong company culture?

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