Question: Thomas agrees to sell widgets at $7 per widget to Amanda and a written contract is executed. The contract specifically mentions the quantity of widgets,

Thomas agrees to sell widgets at $7 per widget to Amanda and a written contract is executed. The contract specifically mentions the quantity of widgets, the delivery date, and other relevant information. However, price is not mentioned in the contract. Can Thomas give oral testimony to show that the parties intended for the price to be $7 per widget?

b. In a conversation, Thomas agrees to sell Laura 600 widgets at $7 per widget. Can Amanda argue that the contract is unenforceable? Why or why not? Does whether Amanda is delivered the widgets matter? If it does, how does it change the circumstances?

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!

The emergency services coordinator for Dade County, Tallys DeCampinas, is interested in locating the county's two ambulances to maximize the number of residents that can be reached within 4 minutes...

Barb agrees to sell widgets at $3 per widget to Tina and a written contract is executed. The contract specifically mentions the quantity of widgets, the delivery date, and other relevant information....

Barb agrees to sell widgets at $3 per widget to Tina and a written contract is executed. The contract specifically mentions the quantity of widgets, the delivery date, and other relevant information

1. When a trial is conducted with a jury, the judge determines issues of _____and the jury determines question of _______ a. evidence, law b. law, evidence c. law, fact d. fact, law 2. Which of the...

2. Which of the following is NOT considered to be an alternative method of dispute resolution? a. Special verdict b. Negotiation c. Conciliation d. Mediation 3. Whatever powers are not specifically...

Andy brings a new computer to the Quick Fix Repair shop to be fixed. Two days later, a buyer comes into the shop and Quick fix inadvertently sells Arthur's computer. Arthur now wants his computer...

1. Referencing the State of Kansas contract, you will find this is an IDIQ contract. Which other contract type could have been used for this contract? What are the pro and cons of the contract type...

Must Follow (Read all 23 Clauses and complete the following work: - Explain each of the clauses as if you were presenting to a student in the 4th grade. Your # 1 priority is to be SUPER simple to...

Evaluate the potential gains and losses for forwards,future,call options,put options and swaps. Outline and describe the different risks that each type of derivative contract faces. Describe...

A PDF version of this assignment is attached.I'll also put it in the Assignments folder in Files.As usual, you'll answer the questions in the online version.That version will be available for you to...

Question 1 To be effective, an offer must: Group of answer choices None of these. be sufficiently definite and certain. manifest an intent to enter into a contract. All of these. be communicated to...

Do an Internet search for information on IFRS. Visit at least two Web sites, including the International Accounting Standards Board, and respond to the following questions about IFRS: a. Compare and...

El-Hadad was an accountant and citizen of Egypt working for the government of the United Arab Emirates embassy in Washington, where he was an auditor and supervising accountant in the cultural...

The common stock account in a complyny's balance shect is measured as: A The number of common shares outstanding multiplied by the stocks per par sharel B ) The number of common shares outstanding...

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...