Explaining the contract and enforceability

Reference no: EM1326478

Schreiner, a cotton farmer, agreed over the telephone to sell 150 bales of cotton to Loeb & Co. Schreiner had sold cotton to Loeb & Co. for the past five years. Written confirmation of the date, parties, price, and conditions was mailed to Schreiner, who did not respond to the confirmation in any way. Four months later, when the price of cotton had doubled, Loeb & Co. sought to enforce the contract.

Is the contract enforceable?

Reference no: EM1326478

Questions Cloud

Describing leadership of famous leader : Pick a famous leader from the past 150 years that can also be described as a teacher. Which of the five types of teacher/leaders presented in the text do you think best describe this person's style.

What it recommendations would you make for john : Important information about IT Recommendations - What IT recommendations would you make for John?

How is intelligence defined : What do you mean by intelligence? What role does culture play in defining intelligence?

Define the way in which a person writes or sends e-mails : explain a scenario in which someone displayed bad netiquette. How did someone react to receiving the email? what could the sender have done differently to display good netiquette.

Explaining the contract and enforceability : Schreiner, a cotton farmer, agreed over the telephone to sell 150 bales of cotton to Loeb & Co. Schreiner had sold cotton to Loeb & Co. for the past five years.

Founder help to create strong culture in organization : How can a leader or founder help create a strong culture in an organization? Can a leader eliminate culture? Explain.

The similarities osi model and the tcp/ip architecture : List and describe each layer of the OSI model. What is the main purpose of the OSI model.

What are other non-financial values : Details regarding Information Systems - What are other non-financial values that information systems can add to a business?

Benefits and vulnerabilities of each performance appraisal : Explain the various benefits and vulnerabilities of each performance appraisal method.

User Account

All Pages