Bus Law2 Midterm

Bus Law2 Midterm - Mark Hess BUAD 324 Dr. Patete 3/4/2012...

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Mark Hess BUAD 324 Dr. Patete 3/4/2012 1. Issue: Does Carrie have a case against Paul for the money he agreed to pay because he did not inform her until after she began preparation that he did not need her services? Rule: Under Preexisting Legal Obligations, the Contract for Sale of Goods (p 337) states that when the contract is for the sale of goods, any modification made in good faith by the parties to the contract is binding without regard to the existence of consideration for the modification. Analysis: The baked goods are being sold to Paul, forming a contract for sale of goods. Carrie had to modify the initial contract because the supplies that were needed to bake the cakes and pies were more expensive than she had expected them to be. The modification was made in good faith because Carrie did not know the price of the supplies at the time. It is assumed that if she had known, she would have made a counteroffer for a higher price. Conclusion: Paul should have to pay Carrie the $2100. Because he never told her that he was going to someone else for their services until after she had began baking, he is at fault. He had an
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This note was uploaded on 04/05/2012 for the course BUAD 324 taught by Professor Dr.p during the Spring '12 term at Pfeiffer.

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Bus Law2 Midterm - Mark Hess BUAD 324 Dr. Patete 3/4/2012...

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