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Unformatted text preview: broken. Yes, there was a contract made between the two parties. Since email is considered instantaneous communication, it is assumed that the letter is read right away. Since the Kowalchuks emailed back a response to the settlement before the NASD's decision, the agreement made stands, and Stroup is held to the offer he made. If he tried to say that he did not receive the email before the verdict was reached, we could argue that he would not have faxed the paperwork. He is clearly in violation of the contract he originally made with the Kowalchuks and therefore the court ordered him to pay the remaining amount....
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- Winter '08