Discuss the constitutionality of the limited grain act

Reference no: EM132104425

Midwest Grains, Inc. (Grains) is a large, privately-owned Iowa-based supplier of various grains to manufacturers and retailers throughout the country.

National Bakers, Inc. (Bakers) is a large, family-owned corporation based in New Jersey with operations in 15 states.

On August 30, representatives for Grains and Bakers verbally agreed for Grains (1) to sell 1000 lbs. of wheat grain to Bakers for market price, to be shipped via truck to the Bakers' warehouse in New Jersey by September 12, 2016, and (2) to sell 100 lbs. of ground corn to Bakers for market price, to be shipped via truck to the Bakers' warehouse in New Jersey by November 1, 2016.

Grains and Bakers have engaged in previous business sales transactions and always commit their verbal agreements to signed written contracts via email. On September 3, Grains and Bakers completed a written contract to reflect their agreement for the sale and shipment of grains.

Write a valid enforceable contract that reflects the September 3 agreement between Grains and Bakers, as described above.

This is to be your own work, not use a standard form contract from the internet.

Assume that beginning in the summer, 2016, there is an oversupply of grain that is driving prices down. Consequently, on September 1, 2016, US Congress enacted a law, popularly called the Limited Grain Act, that temporarily bans the production and sale of all grains in the US, and provides for payment of a subsidy to farmers for not growing grains.

Grains and Bakers were unaware of this ban when they signed the September 3 contract for the sale of grains.

Analyze and discuss the (1) the constitutionality of the Limited Grain Act explaining the legal basis for the law and why it is constitutional or unconstitutional, and (2) the validity of the September 3 sales contract between Grains and Bakers explaining the conclusions and rationale in detail.

Analyze and discuss the constitutionality of the Limited Grain Act explaining the legal basis for the law and why it is constitutional or unconstitutional.

Reference no: EM132104425

Questions Cloud

Supply chain is example of an advertising supplier : Supply chain is an example of an advertising supplier. Was I true to the face the demand of chicken was so high but they didn't have the supply on hand?

Defining the business goals and objectives : Provide an overview of the organization that will be delivered to senior management, defining the business goals and objectives and the size, layout.

There is only one best way to manage : Response for the following statement: 'There is only one best way to manage'.

Production in cyclic schedule-what is minimum cycle time : If they run production in a cyclic schedule, what is the minimum cycle time in hours assuming Battle Creek runs 24 hours per day?

Discuss the constitutionality of the limited grain act : Midwest Grains, Inc. (Grains) is a large, privately-owned Iowa-based supplier of various grains to manufacturers and retailers throughout the country.

Define an introduction to networking course : You have just completed ten (10) weeks of an introduction to networking course. Imagine your organization has asked you to create a one-day training course.

What is length of the lowest cost cyclic schedule : What is the length of the lowest cost cyclic schedule (ignoring setup time constraints) in days?

Spring sales management training program : Your department is in charge of planning and coordinating next spring’s sales management training program for your company that markets consumer goods.

Evaluate alternatives to the company self-hosting the site : Tony's Chips has recently been sold to a new independent company. The new company has hired you to manage a project that will move the old Website.

User Account

All Pages