Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On Tuesday, a hobby shop owner receives an order for a custom toy train that will need to be specially manufactured. That same day, the

On Tuesday, a hobby shop owner receives an order for a custom toy train that will need to be specially manufactured. That same day, the hobby shop owner begins building the toy train. On Friday, the buyer calls to cancel the order. During the conversation, the hobby shop owner insists on going through with the deal and tells the buyer (for the first time) that he has already started making the train. Is the buyer legally bound by a contract to buy the toy train? Why or why not? Please cite UCC to support your analysis.

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

Business Law Text and Cases

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Frank B. Cross

12th Edition

978-053847082, 1285834623, 9780538470810, 0538470828, 9781285834627, 053847081X , 978-1111929954

More Books

Students also viewed these Law questions

Question

=+3. Staff employees who work with external research agencies

Answered: 1 week ago

Question

Contrast positive motivation with negative motivation.

Answered: 1 week ago