Multiple Choice
Millet Grains Cooperative and Corn Cereals,Inc.,discuss the terms of a contract for periodic deliveries of corn. Millet Grains then faxes Corn Cereals a memo on Millet Grains's letterhead that summarizes the points on which they agreed,including a two-year term. Millet Grains begins to perform,and Corn Cereals accepts the deliveries but refuses to pay.
-Refer to Fact Pattern 15-1.Between Millet Grains and Corn Cereals,this contract is most likely enforceable against
A) neither party.
B) Millet Grains only.
C) Corn Cereals only.
D) Millet Grains and Corn Cerealsto the extent of the performance.
Correct Answer:
Verified
Correct Answer:
Verified
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