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Answer the following Case Study. Support your answer with a relevant quote and citation from the textbook. Chapter 17, Case Problem 4 - Under an

Answer the following Case Study.Support your answer with a relevant quote and citation from the textbook.

Chapter 17, Case Problem 4- Under an oral contract, Scapa Northamerica, Inc. agreed to supply Eastern Adhesives with its requirements of a tape product for resale to a third party. Scapa agreed not to supply the third party with that tape or a similar product directly. The contract was for more than $500.00. Scapa later began selling directly to the third party. Eastern sued for breach of contract. Scapa argued that there was no contract because the statute of frauds required a written contract and there was none. Eastern claimed that it had sent a letter to Scapa referring to an "account protection agreement." Scapa's letters in return did not refer to or object to the "account protection agreement." In the absence of an express objection, Eastern claimed that Scapa's letters admitted the account protection agreement and satisfied the statute of frauds. Was there an enforceable contract?

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