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Ben enters into a K to purchase 500 widgets from Sam at $2 per widget. Before time for delivery, Sam informs Ben that the cost
Ben enters into a K to purchase 500 widgets from Sam at $2 per widget. Before time for delivery, Sam informs Ben that the cost has risen to $2.50 per widget. Ben agrees to the cost increase and Sam ships the widgets. Ben pays $2 per widget and Sam sues for the additional $.50. Will Sam recover? Is K2 supported by consideration? What alternatives does Ben have
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Petroleum Accounting: Principles, Procedures; And Issues
Authors: Dennis Jennings, John Brady, Rich Shappard, Craig Friou
8th Edition
0940966328, 978-0940966321
