Explaining the custom and trade usage

Reference no: EM1326483

MT, already in the business of marketing agricultural products, decided to try its hand at marketing potatoes for processing. Nine months before the potato harvest, HMT contracted to supply Bell Brand with 100,000 sacks of potatoes. At harvest time, Bell Brand would only accept 60,000 sacks. HMT sues for breach of contract. Bell Brand argues that custom and usage in marketing processing potatoes allows buyers to give estimates in contracts, not fixed quantities, since the contracts are established so far in advance. HMT responds that the quantity term in the contract was definite and unambiguous.

Can custom and trade usage be used to interpret an unambiguous contract? Discuss.

Reference no: EM1326483

Questions Cloud

Compute the incremental gain fluff rite : Compute the incremental gain Fluff Rite would earn by customizing its poppers and marketing directly to retailers.

Important information about integrity : Why is integrity an essential component of ethics leadership? Integrity is displayed when people act in ways that are always honest and credible, and consistent in putting one's values into practice.

What are the benefits of networked computers : What are the advantages and drawbacks of email communication, or what if the email system went down in a major company. how will this impact productivity? Do companies rely on heavily on electronic communication today.

Working under cross-cultural psychology and ethnicity : Describe cross-cultural psychology? How is cross-cultural psychology distinct from general psychology?

Explaining the custom and trade usage : HMT responds that the quantity term in the contract was definite and unambiguous. Can custom and trade usage be used to interpret an unambiguous contract? Discuss.

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.

User Account

All Pages