The McCartheys owned stock in a corporation that controlled the Salt Lake City Tribune. When that company merged with another company, as part of the deal, the McCartheys were told that they would have the right to repurchase the newspaper for five years after the merger. The detailed merger agreement did not mention the right to repurchase. When the company sold the newspaper to Newsmedia in five years instead of allowing the McCartheys to repurchase the paper, the McCartheys sued for breach of contract. The trial court dismissed the claim on grounds that the statute of frauds bar red enforcement of the oral agreement. How do you believe the appellate court ruled on the McCartheys' appeal? Why?
Answer to relevant QuestionsThe Laths were the owners of a farm that they wanted to sell. Mrs. Mitchell considered purchasing the land but found that an ice house located across the road was objectionable. Mitchell argued that the Laths orally agreed ...Janelle Rederford suffered from systemic lupus erythematosus when she was terminated from US Airways. Rederford brought suit against US Airways under the Americans with Disabilities Act (ADA), alleging that she had been ...Treibacher, an Austrian vendor of hard-metal powders, agreed to two contracts with the defendant TDY to sell specified quantities of tantalum carbide (TaC), a hard-metal powder, to TDY Industries, Inc., for delivery to ...After living in their home for three years, Roger Nathaniel and Sharon Diamond sold the home to the plaintiff s, Marc Copland and Joan Lund. Nathaniel and Diamond hired a pest control company to inspect the home. The company ...David Cooper purchased a computer and software for his supermarket business. He was using a soft- ware program recommended and installed by the seller, Contemporary Computer Systems, Inc. The sales contract had a clause that ...
Post your question