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Laura contracted to buy a new tractor from TreeHouse Farm Industries, Inc. for $ 2 1 0 , 0 0 0 . According to the
Laura contracted to buy a new tractor from TreeHouse Farm Industries, Inc. for $ According to the terms of the contract, Laura made $ as a deposit and agreed to pay the balance upon delivery. The sale contract also contained the following provision:
In the event of nonpayment of the balance of the purchase price on the due date or on such extended date which may be caused by late delivery on the part of TreeHouse Farm Industries, Inc., the Customer shall be liable for immediate payment of the full balance, plus interest.
When the tractor arrived two weeks late, Laura refused to accept it stating that she had purchased a substitute tractor from a different seller. Laura sued TreeHouse Farm Industries, Inc. for the return of her & deposit. TreeHouse Farm Industries, Inc. counterclaimed seeking an order that Laura accept delivery of the tractor and pay the entire balance of the contract, plus interest.
Start a thread that answers the following questions. Your responses should includediscuss the relevant topics of law.
A What arguments would support the claim by Laura for the return of the deposit?
B What arguments would support the claim by TreeHouse Farm Industries, Inc. for the performance of the contract?
C Who should prevail? Explain.
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