My-T Quality Goods, Inc., and Nu! Sales Corporation orally agree to a deal. My-T writes up the

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My-T Quality Goods, Inc., and Nu! Sales Corporation orally agree to a deal. My-T writes up the essential terms on company letterhead stationery and files the memo in My-T’s office. If Nu! Sales later refuses to complete the transaction, is this memo a sufficient writing to enforce the contract against it? Explain your answer.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Business Law Today The Essentials

ISBN: 978-0324786156

9th Edition

Authors: Roger LeRoy Miller, Gaylord A. Jentz

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