Question: 1. Why didnt the contract order signed by the parties constitute a binding contract for the sale of goods? 2. According to the court, Romero
1. Why didn’t the “contract order” signed by the parties constitute a binding contract for the sale of goods?
2. According to the court, “Romero and Scoggin-Dickey were both buyers and sellers.” What did the court mean by this statement?
Jessie Romero went to the Scoggin-Dickey Chevrolet-Buick, Inc., dealership in Lubbock, Texas, and sought to purchase a 2006 Silverado pickup from Fred Morales. Romero proposed to purchase the pickup by assigning the dealership the factory rebates, supplying two trade-in vehicles (a 2003 Mitsubishi Montero SP and a 2002 Chevrolet Silverado pickup), and paying the cash difference. At the time of the negotiations, Romero did not have the proposed trade-in vehicles on the lot for inspection by Scoggin-Dickey.
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1 No binding contract was formed because the sale could not be completed until Scoggin Dickey r... View full answer
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