Question
Bunge Corp v Recker 1. Who were the parties involved in the case? (plaintiff/defendant/respondent/petitioner) Bunge Corporation the plaintiff and Recker the defendant 2. What were
Bunge Corp v Recker
1. Who were the parties involved in the case? (plaintiff/defendant/respondent/petitioner)
Bunge Corporation the plaintiff and Recker the defendant
2. What were the facts in the case?
Bunge, a grain dealer, contracted with Recker, a farmer to purchase 10,000 bushels of soybeans at $3.35 per bushel. The contract didnt specify where the beans where the beans were to have been grown, expect that they were to be grown in the US. As a result of crop failure, Recker was unable to deliver the beans, even with several extensions of the deadline. Finally, Recker admitted that he could not deliver, claiming impossibility of performance.
In the meantime, the marker price had increased from $3.35, the agreed price, to $5.50 at the time agreed for delivery. Bunge sued for the difference between $3.35 and the market price at the time agreed for delivery.
3. What was the Rule of Law in the case? (Rule of law the court applies to determine the rights of the parties)
Fill in the blank
4.Who won the case? Why?
Fill in the blank
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