Herb bought a ticket to take a ride on The Grinder, a rollar-coaster at the state fair. On the back of the ticket was printed: " Not liable for death or injury". Herb did not turn the ticket over and did not read the statement before the ride. During the ride, Herb was hurt because of the negligence of a Grinder employee. I
Matt and Peter are minors in their jurisdiction. Their parents agree that, on a trial basis, the can be "independent" and live away from home. Matt and Peter find an apartment their part time jobs can pay for. On their own, they enter into a one year lease and pay the first month's rent in advance. However, they fail to pay the
Matt and Peter are minors in their jurisdiction. Their parents agree that, on a trial basis, the can be "independent" and live away from home. Matt and Peter find an apartment their part time jobs can pay for. On their own, they enter into a one year lease and pay the first month's rent in advance. However, they fail to pay the
Alan enters an oral contract to sell a house and one acre of land to Barney for $180,000. Before the date for performance of the contract, Barney assigns his right to the property to Clara and delegates to her his duty to pay for the land in equal monthly installments. Alan is notified of the assignment. Later, Alan refuses to s
What role do contracts play in the U.S. economic system?
I just need to know if I've answered these wuestions correctly. My answers are on the bottom. Alice owns property in a rural part of town. A developer approaches her about buying the property for use as a shopping center. The developer wants to be sure that he can get the property rezoned for commercial use before he buys i
If I were to sell a piece of property to someone but they didn't know if they wanted it so I agreed in writing to keep the offer open for 1 year could that person sue me if I were to sell the property to someone else who offered me more before the year was up.
Help with this problem: 1. Analysis and applicable rules as applied to the seller/advertiser. 2. Analysis and applicable rules as they apply to the purchaser. PROBLEM: A store ran a sales promotion to boost sales of a product. The promotion included both free gifts for purchases and low interest financing. It was sup
I need help to identify the cause of action, liability, damages and any claim of consequential loss of each parties in the problem question below. Elijaz Neutral Paintings intend to sell one of their paintings, Van Dyke 'The Night', which they have had for a number of years.. Having had the agreement of other directors, t
Provide point form of what the following means. Thanks! 47. Definition (1): "....However, new employees and those hired after a break in continuity of service shall not have seniority status for a period of sixty (60) calendar days. The company, at its option, may demote, transfer, lay off or dismiss these employees wi
Due to high gasoline prices, American Bakeries Company (ABC) considered converting its fleet of over 3,000 vehicles to a much less expensive propane fuel system. After negotiations with Empire Gas Corporation (Empire), ABC signed a contract for approximately three thousand converter units, "more or less depending upon requiremen
Defendant, Gray Communications, desired to build a television tower. After a number of negotiation sessions conducted by telephone between the Defendant and Plaintiff, Kline Iron, the parties allegedly reached an oral agreement under which the Plaintiff would build a tower for the Defendant for a total price of $1,485,368. A few
Problem: Dorton, as a representative for The Carpet Mart, purchased carpets from Collins & Aikman that were supposedly manufactured of 100 percent Kodel polyester fiber but were, in fact, made of cheaper and inferior fibers. Dorton then brought suit for compensatory and punitive damages against Collins & Aikman for its fraud, de
Frank's Maintenance and Engineering, Inc., orally ordered steel tubing from C.A. Roberts Co. for use in the manufacture of motorcycle front fork tubes. Since these front fork tubes bear the bulk of the weight of a motorcycle, the steel used must be of high quality. Roberts Co. sent an acknowledgment with conditions of sale inclu
Terminal Grain Corporation brought an action against Glen Freeman, a farmer, to recover damages for breach of an oral contract to deliver grain. According to the company, Freeman orally agreed to two sales of wheat to Terminal Grain of 4,000 bushels each at $1.65 1/2 a bushel and $1.71 a bushel, respectively. Dwayne Maher, merch
In September 1973, Auburn Plastics (defendant) submitted price quotations to CBS (plaintiff) for the manufacture of eight cavity molds to be used in making parts for CBS's toys. Each quotation specified that the offer would not be binding unless accepted within fifteen days. Furthermore, CBS would be subject to an additional 30
American Sand & Gravel Inc. agreed to sell sand to Clark at a special discount if 20,000-25,000 tons were ordered. The discount price was 45¢ per ton, compared to the normal price of 55¢ per ton. Two years later, Clark orders, and receives, 1,600 tons of sand from American Sand & Gravel. Clark refuses to pay more then 45¢ per
Schreiner, a cotton farmer, agreed over the telephone to sell 150 bales of cotton to Loeb & Co. Schreiner had sold cotton to Loeb & Co. for the past five years. Written confirmation of the date, parties, price, and conditions was mailed to Schreiner, who did not respond to the confirmation in any way. Four months later, when the
MT, already in the business of marketing agricultural products, decided to try its hand at marketing potatoes for processing. Nine months before the potato harvest, HMT contracted to supply Bell Brand with 100,000 sacks of potatoes. At harvest time, Bell Brand would only accept 60,000 sacks. HMT sues for breach of contract. Bell
While adjusting a television antenna beside his mobile home and underneath a high-voltage electric transmission wire, Prince received an electric shock resulting in personal injury. He claims the high-voltage electric current jumped from the transmission wire to the antenna. The wire, which carried some 7,200 volts of electricit
Courts Distributors needed two hundred compact refrigerators on a rush basis. It contacted Eastinghouse Corporation, a manufacturer of refrigerators. Eastinghouse said it would take some time to quote a price on an order of that size. Courts replied, "Send the refrigerators immediately and bill us later." The refrigerators were
(1) On November 23, Acorn, a dress manufacturer, mailed to Bowman a written and signed offer to sell one thousand sundresses at $50 per dress. The offer stated that it would "remain open for ten days" and that it could "not be withdrawn prior to that date." Two days later, Acorn, noting a sudden increase in the price of sundres
Reinfort executed a written contract with Bylinski to purchase an assorted collection of shoes for $3,000. A week before the agreed shipment date, Bylinski called Reinfort and said, "We cannot deliver at $3,000; unless you agree to pay $4,000, we will cancel the order." After considerable discussion, Reinfort agreed to pay $4,00
3. Browne & Assoc., a San Francisco company, orders from U.S. Electronics, a New York company, ten thousand electronic units. Browne & Assoc.'s order form provides that any dispute would be resolved by an arbitration panel located in San Francisco. U.S. Electronics executes and delivers to Browne & Assoc. its acknowledgment form
(1) Adams orders one thousand widgets at $5 per widget from International Widget to be delivered within sixty days. After the contract is consummated and signed, Adams requests that International deliver the widgets within thirty days rather than sixty days. International agrees. Is the contractual modification binding? (2) I
Due to high gasoline prices, American Bakeries Company (ABC) considered converting its fleet of over 3,000 vehicles to a much less expensive propane fuel system. After negotiations with Empire Gas Corporation (Empire), ABC signed a contract for approximately three thousand converter units, "more or less depending upon requiremen