Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

18 ) . IF A COURTFINDS IN A PARTICULAR SITUATION , THAT A VALID REQUIREMENTS CONTRACT EXISTS , THE RESULT IS THAT ( A )

image text in transcribed
image text in transcribed
18 ) . IF A COURTFINDS IN A PARTICULAR SITUATION , THAT A VALID REQUIREMENTS CONTRACT EXISTS , THE RESULT IS THAT ( A ) A CONSIDERATION ( OF SOME KIND EXISTS AND BOTH PARTIES ARE USUALLY BOUND BY THE CONTRACT ( B ) THE SELLER IS BOUND BY THE CONTRACT BUT THE BUYER IS NOT IN VIEW OF THE FACT THAT HIS EXACT REQUIREMENTS ARE NOT KNOWN WHEN THE CONTRACT IS MADE ) ( ) THE BUYER IS BOUND BY THE CONTRACT ( SINCE THE TERM " REQUIREMENTS " REFERS TO HIS REQUIREMENTS BUT THE SELLER IS NOT BOUND BY IT ( DY NO CONSIDERATION IS PRESENT , BUT THE COURT WILL NEVERTHELESS ENFORCE THE CONTRACT BECAUSE OF PUBLIC POLICY CONSIDERATIONS ( E ) NONE OF THE ABOVE

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smith And Keenans Law For Business

Authors: Denis Keenan

13th Edition

1405824042, 978-1405824040

More Books

Students also viewed these Law questions

Question

What are the social and physical elements of the service encounter?

Answered: 1 week ago

Question

Define self-expectancy and explain two ways to boost it.

Answered: 1 week ago