
Cengage Advantage Books: Fundamentals of Business Law 9th Edition by Roger LeRoy Miller
Edition 9ISBN: 978-1111530624
Cengage Advantage Books: Fundamentals of Business Law 9th Edition by Roger LeRoy Miller
Edition 9ISBN: 978-1111530624 Exercise 25
ISSUE SPOTTERS
My-T Quality Goods, Inc., and Nu! Sales Corporation orally agree to a deal. My-T's president has the essential terms written up on company letterhead stationery, and the memo is filed in My-T's office. If Nu! Sales later refuses to complete the transaction, is this memo a sufficient writing to enforce the contract against it? Explain your answer. (See page 248.)
My-T Quality Goods, Inc., and Nu! Sales Corporation orally agree to a deal. My-T's president has the essential terms written up on company letterhead stationery, and the memo is filed in My-T's office. If Nu! Sales later refuses to complete the transaction, is this memo a sufficient writing to enforce the contract against it? Explain your answer. (See page 248.)
Explanation
Yes in this case this memo should be ade...
Cengage Advantage Books: Fundamentals of Business Law 9th Edition by Roger LeRoy Miller
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