Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Contractor contracted with Betty Baker to install a new furnace in Bakers business. Baker wrote a check for $8,000 (the price quoted by Contractor) payable

Contractor contracted with Betty Baker to install a new furnace in Bakers business. Baker wrote a check for $8,000 (the price quoted by Contractor) payable to Furnace Co., which Contractor delivered to Furnace Co. in payment of his own debt to it. Furnace Co. knew nothing of what went on between Contractor and Baker. When Contractor did not complete the job, Baker stopped payment on the check. Furnace Co. sued Baker, who defended by claiming failure of consideration. Is this a good defense against Furnace Co.?

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_2

Step: 3

blur-text-image_3

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

Management Fundamentals Concepts, Applications and Skill Development

Authors: Robert N. Lussier

7th edition

978-1506332109, 1506332102, 1506303277, 978-1506333281, 1506333281, 978-1506303291, 1506303293, 978-1506303277

More Books

Students also viewed these General Management questions