Question
S, a manufacturer, sent B, a retail merchant, an offer to sell 100 television sets for $30,000, terms C.O.D. B wrote to S: I accept
S, a manufacturer, sent B, a retail merchant, an offer to sell 100 television sets for $30,000, terms C.O.D. B wrote to S: "I accept your offer, and will pay you 30 days after delivery. (Signed B)". S tendered the delivery of the TV sets to B and demanded cash on delivery. B refused to pay on delivery, and S withheld delivery. S then sued to recover damages for breach of contract. Judgment for whom? Explain.
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There is no breach of contract because breach of contract when a contract is made on certain ...
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Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
9781111532611, 1111222282, 1111532613, 978-1111222284
