How should the court rule on williams claim and why

Assignment Help Business Law and Ethics

Reference no: EM131473728

Question: Reynold Williams Jr., purchased a 2004 GMC Yukon SLT from Spitzer Autoworld Canton, L.L.C. According to the written purchase agreement, Williams was to receive a trade-in allowance of $15,500 for his 2003 Ford Explorer. The purchase agreement also had a statement indicating that this was the entire agreement between the parties. Williams subsequently sued Spitzer, stating he and Spitzer had reached a prior oral agreement that he would receive a trade-in allowance of $16,500 and that this agreement should have been incorporated in the purchase agreement. Williams stated that he had failed to notice the difference when signing the contract because he was focused on the monthly payment amount. He stated that the error only became apparent to him when he found out that his financing had been declined and that he owed an additional $2,000 to pay off the loan secured by the Explorer. How should the court rule on Williams' claim, and why?

Reference no: EM131473728

Questions Cloud

What is the firm cost of preferred stock : If the company were to sell a new preferred issue, it would incur a flotation cost of 5.00% of the issue price. What is the firm's cost of preferred stock?

Explain the concept of on-demand computing : Why is mobile technology potentially important to the banking industry? Explain the concept of on-demand computing.

The prevalence of aids : What are some ways education has been used to decrease the prevalence of AIDS?

Financial statement analysis focuses : 1. What is the statement of cash flows? The statement is divided into three segments; list each category.

How should the court rule on williams claim and why : Reynold Williams Jr., purchased a 2004 GMC Yukon SLT from Spitzer Autoworld Canton, L.L.C. According to the written purchase agreement, Williams was to receive.

Whats the basic idea of a precautionary principle : Environmental ethics PHI 303 Why would anyone think that evaluating environmental regulatory policy options with a careful weighing of costs and benefits

Steps of financial analysis at the organizational level : Explain the three steps of financial analysis at the organizational level?

Research an open source software project : Research an open source software project.create a presentation with slides that describe the open source software and how it works.

Product road mapping in electronic healthcare : Indentify the types of innovation that exist in Electronic Healthcare Industry. What is approach to Technology-Product Road mapping in Electronic Healthcare?

User Account

All Pages