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Hello. Please chegg using specially IRAC method. It is for legal enviroment business 1. Thank you. 14. Harry Ulmas made a contract to buy a

Hello. Please chegg using specially IRAC method. It is for legal enviroment business 1. Thank you. image text in transcribed
14. Harry Ulmas made a contract to buy a new car from Acey Oldsmobile. He was allowed to keep his old on until the new car was delivered. The sales contract gave him a trade-in value of $650 on the old car but specified that the car would be reappraised when it was actually brought to the dealer. When UImas brought the trade-in to the dealer, an Acey employee took it for a test drive and said that the car was worth between $300 and $400. Acey offered Ulmas only $50 for his trade-in. Ulmas refused to buy from Acey and purchased from another dealer, who appraised the trade-in at $400. Ulmas sued for breach of contract on the grounds of violation of good faith. Was he right? [Ulmas v. Acey Oldsmobile, Inc., 310 N.Y.S.2d 147 (N.Y. Civ.)]

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