Question
As of law, this is also more of a Business Law question, but pretty sure still relevant to Law related subject. Short scenario is this.
As of law, this is also more of a Business Law question, but pretty sure still relevant to Law related subject.
Short scenario is this. Sam created an invention and made a promise to a chain store to deliver 1,000 units so they can exclusively sell his invention. 7 months later, the chain store mailed him saying they want the 1,000 units that Sam promised, but Sam never shipped them out.
My question is this. I want to assume that there is no valid contract between Sam and the store. Could the chain store prevail on a claim of either "Quasi-contract" and/or "Promissory Estoppel" since there was only the intention to offer, and not a valid contract?
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There was no valid contract between Sam and the chain stores This is because several elements of a contract were missing There was no written agreemen...
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Managerial Accounting
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
1st Canadian Edition
978-0132490252, 132490250, 978-0176223311
