Rich Pugh Unit 4 Case Analysis

Rich Pugh Unit 4 Case Analysis - Unit 4 Case Analysis 1...

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Unit 4 Case Analysis 1 Case Analysis: Week 4 Rich Pugh Kaplan University LS311: Business Law I Professor Nivea Castro, J.D. July 5, 2011
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Unit 4 Case Analysis 2 Facts/History McDougal is a good friend of Krunch, the owner of a local candy store. McDougal visits Krunch’s candy store everyday on his lunch hour. McDougal spends about five minutes looking at the candy. After looking at the candy and talking to Krunch, he usually buys one or two candy bars. However, one afternoon McDougal enters Krunch’s store and it is very busy. McDougal picks up a $1 candy bar and sees that Krunch is very busy. He catches Krunch’s attention, waves the candy bar at Krunch without saying anything and walks out with the candy bar. Issue Is there an Implied-in-Fact contract for McDougal to pay Krunch for the candy bar with silence as the means for acceptance? Decision/Reason An Implied-in-Fact contract is a contract that exists by the conduct of the parties involved (Peckinpaugh, 1998). The store owner and the customer had an implied
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This note was uploaded on 08/22/2011 for the course BUSINESS L ls311 taught by Professor Starcher during the Spring '11 term at Kaplan University.

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Rich Pugh Unit 4 Case Analysis - Unit 4 Case Analysis 1...

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