Statute of frauds-risk of loss-ucc additional terms

Assignment Help Business Management
Reference no: EM131290321

Question 1 - Statute of Frauds: Plaintiff shipped to Defendant-Pizza Pride Inc. of Jamestown, North Carolina-an order of mozzarella cheese totaling $11,000. That same day, Plaintiff mailed Defendant an invoice for the order, based on Plaintiff's understanding that an oral contract existed between the parties whereby Defendant had agreed to pay for the cheese. Defendant was engaged in the real estate business at this time and had earlier been approached by Pizza Pride Inc. to discuss that company's real estate investment potential. Defendant denied ever guaranteeing payment for the cheese and raised the UCC's Statute of Frauds, Section 2-201, as an affirmative defense. The Plaintiff contended that because Defendant was in the business of buying and selling real estate, she possessed knowledge or skill peculiar to the practices involved in the transaction here. After hearing the evidence, the court concluded as a matter of law that Defendant did agree to pay for the cheese and was liable to Plaintiff in the amount of $11,000. Defendant appealed. How should the appeals court rule?

Question 2 - Risk of Loss: Plaintiff, a manufacturer of men's clothing in Los Angeles, contracted to sell a variety of clothing items to Defendant, Harrison's clothing store in Westport, Connecticut, "F.O.B. Los Angeles." Plaintiff delivered the goods to Trucking Company and received a bill of lading. When the goods arrived at Defendant's store about two weeks later, Mrs. Harrison, Defendant's wife, who was in charge of the store at the time, requested the truck driver to deliver the goods inside the door of the shop. The driver refused and ultimately drove away. The goods were lost. Defendant refused to pay for the goods and raised as a defense that "the Plaintiff refused to deliver the merchandise into the Defendant's place of business." Who wins and why?

Question 3 - UCC Additional Terms: Best Products, Inc., offers to sell to Infinite Sales Company one hundred DVD players at $50 a piece, subject to certain specific delivery dates. Infinite replies with a signed purchase order that reads, "Accept your of­fer for 100 I-appliances at $50 each.  Must be delivered to our ware­house." Best does not respond or deliver the goods. Infinite files a suit for breach of contract, to which Best answers that there is no contract because Infinite's purchase order contained additional terms and is not signed by Best. Can Infinite recover? Explain.

Reference no: EM131290321

Questions Cloud

Propose three criteria that management will use : Propose three criteria that management will use to assess the performance of expatriates working abroad. Support your proposal with examples of the fundamental ways.
What is a firm''s dividend yield : How do the industrial patterns observed for dividend payouts compare with the patterns observed for capital structures? For example, are industries characterized by high dividend payouts also characterized by high leverage?
Discuss the question related to the manufacturering : Discuss the Question Related to the manufacturering.
Are these reactions logically consistent : What are the key assumptions and predictions of the agency cost/contracting model of dividend payments? Are these predictions supported by empirical research findings?
Statute of frauds-risk of loss-ucc additional terms : Plaintiff shipped to Defendant-Pizza Pride Inc. of Jamestown, North Carolina-an order of mozzarella cheese totaling $11,000. That same day, Plaintiff mailed Defendant an invoice for the order
Explain factors that drive standardization of hrm practices : Examine two of the factors that drive standardization of HRM practices. Determine whether or not it is advantageous for an MNE to adopt a worldwide corporate culture for each of its subsidiaries.
Accrual-basis taxpayer : Mike is a CPA. Widget, Inc., is an accrual-basis taxpayer. In Year 3, while preparing Widget's Year 2 return, Mike discovered that Widget failed to include income on its Year 1 return that Widget received n Year 2 but that should have been included i..
Manage client-server connections using rdbms net services : Advanced Database Administration (COMP 0343) Manage client-server connections using RDBMS Net Services and evaluate requirements and select appropriate parameters to ensure effective storage management in a database system.
What is a low-regular-and-extra dividend policy : What is a low-regular-and-extra dividend policy? Why do firms pursuing this policy explicitly label some cash dividend payments as "extra"?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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