Question: Hello. Please chegg using specially IRAC method. It is for legal enviroment business 1. Thank you. 14. Harry Ulmas made a contract to buy a

Hello. Please chegg using specially IRAC method. It is for legal enviroment business 1. Thank you. Hello. Please chegg using specially IRAC method. It is for legal enviroment

14. Harry Ulmas made a contract to buy a new car from Acey Oldsmobile. He was allowed to keep his old on until the new car was delivered. The sales contract gave him a trade-in value of $650 on the old car but specified that the car would be reappraised when it was actually brought to the dealer. When UImas brought the trade-in to the dealer, an Acey employee took it for a test drive and said that the car was worth between $300 and $400. Acey offered Ulmas only $50 for his trade-in. Ulmas refused to buy from Acey and purchased from another dealer, who appraised the trade-in at $400. Ulmas sued for breach of contract on the grounds of violation of good faith. Was he right? [Ulmas v. Acey Oldsmobile, Inc., 310 N.Y.S.2d 147 (N.Y. Civ.)]

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