Question: Oncology Tech is a manufacturer of cancer therapy devices called compensators. CMS was a company that sold cancer treatment planning software for use in purchasing

Oncology Tech is a manufacturer of cancer therapy devices called compensators. CMS was a company that sold cancer treatment planning software for use in purchasing cancer treatment devices. In 2006, CMS and Oncology Tech entered into an oral contract to make Oncology Tech’s compensators available for purchase using CMS software. The contract had no specified duration; it was agreed that it would be indefinite. Plaintiff filed suit against the defendants for breach of that contract in 2011. Defendants argued that the oral contract was unenforceable against them by operation of the statute of frauds. The statute of frauds requires that any agreement that cannot be completed within one year must be in writing and signed by the person charged with performance. Neither party contends, nor has any evidence been produced indicating that the parties agreed upon a specific duration for the agreement. Do you think the court found that the plaintiff’s action was barred by the statute of limitations?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Based on the provided information it seems the defendants argued that the oral contract between Onco... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Business Law Principles Questions!

Related Book