Multiple Choice
Fact Pattern 10-3
Grain Co-op, LLC and Hearty Cereals, Inc., discuss the terms of a contract for periodic deliveries of corn. Grain faxes Hearty a memo on Grain's letterhead that summarizes the points on which they agreed, including a two-year term. Grain begins to perform, and Hearty accepts the deliveries but refuses to pay.
-Refer to Fact Pattern 10-3. Between Grain and Hearty, there is
A) an oral contract only.
B) a pre-contract only.
C) a written contract.
D) no contract.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Ranchland Properties and Prairie State Investments sign
Q24: Fact Pattern 10-4 <br>Alain and Brie sign
Q26: To be enforceable, a contract for a
Q27: An innocent party can rescind a fraudulent
Q28: A written contract for a transfer of
Q30: Fact Pattern 10-1<br>County Title Company processes information
Q31: Under the Statute of Frauds, land includes
Q32: If a party against whom enforcement of
Q33: Ray agrees to buy one hundred pounds
Q34: Car Lot's salesperson Dick offers to sell