Grain Co-op, LLC, and Hearty Cereals, Inc., discuss the terms of a contract for periodic deliveries of
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Grain Co-op, LLC, and Hearty Cereals, Inc., discuss the terms of a contract for periodic deliveries of corn. Grain faxes Hearty a memo on Grain's letterhead that summarizes the points on which they agreed, including a two-year term. Hearty never replies. Grain begins to perform, and Hearty accepts the deliveries but refuses to pay. On what basis might Grain seek enforcement of the contract?
Related Book For
Financial Accounting Theory and Analysis Text and Cases
ISBN: 978-0470646281
10th edition
Authors: Richard G. Schroeder, Myrtle W. Clark, Jack M. Cathey
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