Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Maryville University sends a commercial wholesaler a purchase order for 5 0 0 Maryville University athletic t - shirts at $ 1 0 . 0

Maryville University sends a commercial wholesaler a purchase order for 500
Maryville University athletic t-shirts at $10.00 per t-shirt. The purchase order does not discuss any warranty terms but does mention that the shirts must be of B+ quality or higher. The commercial wholesaler responded via email acknowledging the order, agreeing to producing 500 B+ grade quality or higher t-shirts at $10.00 per t-shirt, indicating the order would be produced and shipped within 10 calendar days, and stating that the commercial wholesaler would not provide any warranties of any kind. Maryville University acknowledged the commercial wholesalers email by stating they will pay for the items upon delivery per standard commercial practice standards. The parties had no further communication. Two weeks later, Maryville University received the t-shirts but found that over twenty percent of the t-shirts had the wrong "M" logo on them by having the Maryville College logo instead of Maryville University. When Maryville University reached out to the commercial wholesaler, they responded by pointing to the terms in their email stating that they did not provide any warranties of any kind and they would not be offering a refund or replacing the defective items.
Does the scenario indicate that a valid contract was formed between Maryville University andthe commercial wholesaler? In answering you must identify and explain whether the scenario contains all the elements of a valid contract between the parties.

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

Step: 3

blur-text-image

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

Trading Systems Theory And Immediate Practice

Authors: Renato Di Lorenzo

1st Edition

8847027055,8847027063

More Books

Students also viewed these Finance questions

Question

Azure Analytics is a suite made up of which three tools?

Answered: 1 week ago