Question: Fact Pattern 1 5 - 1 A Macro Marketing, Inc., and National Food Corporation ( NFC ) discuss the terms of a contract. Macro then

Fact Pattern 15-1A
Macro Marketing, Inc., and National Food Corporation (NFC) discuss the terms of a contract. Macro then faxes NFC a memo on Macro's letterhead that summarizes the items on which
they agreed, including a two-year term. Macro begins to perform, but NFC refuses to pay. Macro files a suit to collect. NFC claims that there is no contract.
Refer to Fact Pattern 15-1A. Between Macro and NFC, there is
an oral contract only.
a pre-contract only.
a written contract.
no contract.
Fact Pattern 15-1A Macro Marketing, Inc., and National Food Corporation (NFC)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 General Management Questions!

Q:

Fact Pattern 1 5 - 1 A Macro Marketing, Inc., and National Food Corporation ( NFC ) discuss the terms of a contract. Macro then faxes NFC a memo on Macro's letterhead that summarizes the items on...

Q:

Fact Pattern 1 5 - 1 A Macro Marketing, Inc., and National Food Corporation ( NFC ) discuss the terms of a contract. Macro then faxes NFC a memo on Macro's letterhead that summarizes the items on...

Q:

Fact Pattern 1 5 - 1 A Macro Marketing, Inc., and National Food Corporation ( NFC ) discuss the terms of a contract. Macro then faxes NFC a memo on Macro's letterhead that summarizes the items on...

Q:

1 (0.5 points) Question 1 Saved Honor Code Statement. By selecting \"True\" I am stating that I will receive no assistance from any outside source, including notes, texts or other persons, while...

Q:

I need help with this essay. Performing tax research to find correct answers to a given tax situation and composing memoranda summarizing these findings are important parts of tax practice. As...

Q:

I need help with course project have 2 Tax memorandum and 1 small research I will attach the assignment with information Memorandum 1 starts page 4, memorandum 2 starts page 21 and research...

Q:

FACT SHEET FOR YOUR CONFERENCE ASSOCIATION NAME: Statistics Notes Name of Conference: List the name you are going to give your conference, this will be used in all of your marketing (HTM 2025 Annual...

Q:

Please answer questions 1-6! GREEN CAST, INC. Green Cast, Inc. produces and sells a line of ovemware (Oven-Sate Classic) that goos from oven (conventional or microwave) to the refigerator without...

Q:

THE CASE Sidney Greenwood and Nancy Fitzgerald had worked for National Business Systems, an international computer repair service, for ten years. It therefore came as a surprise when they both...

Q:

What was the acquisition premium and what do you conclude from it regarding the fairness of the deal? What was the market reaction to the acquisition announcement and what do you conclude from it...

Q:

What is audit documentation? Refer to Exhibit and identify the key components that each audit document should contain.

Q:

Checkpoint Systems is a manufacturer and marketer of integrated systems solutions for retail security, labeling, and merchandising. The firm is a leading provider of source tagging, handheld labeling...

Q:

Question 1 ( 2 points ) Listen One of the reasons for the Quarterly Business Review is to share profit margins and commision structures with clients and prospects. True False

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...