Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A ) Suppose that Albert meets Belinda for lunch and the two agree, over nice sandwiches, that Albert will sell Belinda 4 , 0 0

A) Suppose that Albert meets Belinda for lunch and the two agree, over nice sandwiches, that Albert will sell Belinda 4,000 nectarines this year at 60 cents per nectarine. One week later, Albert sends Belinda a signed note stating, in part This to confirm your purchase of 4,000 Pacific Princess nectarines at 60 cents per nectarine. Belinda thinks about this note for 3 weeks and then calls Albert objecting to it, arguing that
1) their lunch discussion was completely useless and in no way had a chance to be enforceable anyway and, besides, as an oral agreement for fruits at that price, would never be enforceable no matter what.
2) She had the right to cancel anything anyway after much thought about it because of what was said in 1) Are either one or both of Belindas claims valid? Why or why not?

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

Finance For Managers

Authors: Harvard Business School Press

1st Edition

1578518768, 978-1578518760

More Books

Students also viewed these Finance questions

Question

7. Identify four antecedents that influence intercultural contact.

Answered: 1 week ago

Question

5. Describe the relationship between history and identity.

Answered: 1 week ago