Contractual Modifications & Statute of Frauds
Not what you're looking for?
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 $4,000 if Bylinski would ship as agreed in the contract. After the shoes had been delivered and accepted by Reinfort, Reinfort refused to pay $4,000 and insisted on paying only $3,000.
Is the contractual modification binding? Explain.
Purchase this Solution
Solution Summary
Referring to the scenario, this solution explains if the contractual modification binding.
Solution Preview
SCENARIO:
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 $4,000 if Bylinski would ship as agreed in the contract. After the shoes had been ...
Purchase this Solution
Free BrainMass Quizzes
Title VII Laws
Learn the basics of the laws under Title VII.
Contract Requirments
How much do you know about the legal requirements for a contract? Find out with this quiz!
Constitutional Law Rights
How much do you know about Constitutional Law Rights? Find out with this quiz!
Title VII
This Quiz pertains to the spectrum of Human Rights through Title VII
Evidence
Do you know your evidence objections? Find out with this quiz!