Terra, Inc., a New York sweater manufacturing company, orally placed an order for fabrics with Yarner, Inc.
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Question:
Assume that the purchase order is an offer and the acknowledgment is an acceptance of the offer.
Question 1: Is the acceptance binding?
Question 2: If so, is the arbitration clause part of the acceptance?
1) Read UCC section 2-207.
2) Find and read Gaynor-Stafford Industries, Inc. v. Mafco Textured Fibers (you find the citation), and In Matter of Helen Whiting, Inc. (you find the citation), two New York cases with facts similar to these.
3) Answer the two questions in two to three paragraphs each, using the cited cases and statute as support for your response.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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