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This question contains material explained in the Mini - Lecture on Written Contracts ( the Statute of Frauds ) . You can find the recording
This question contains material explained in the MiniLecture on Written Contracts the Statute of Frauds You can find the recording covering this material under Modules and Chapter of your text.
While negotiating over the sale of a boat, the buyer sent an email to the sales representative, asking, "You provide financing, right?" The sales rep responded, "Yes, of course." The contract, which contained an integration clause, said nothing about financing and dd not condition the buyer's purchase of the boat on the buyer's ability to obtain financing.
After signing, the sales rep said, OK let's get you set up with financing!" He then ran the buyer's credit, which was not good. The buyer was not approved for financing through the seller's only source. The buyer believes that he therefore, is not liable for the cost of the boat. Is the buyer correct?
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