Suppose that the court had ruled in the plaintiffs favor. How might that ruling have affected the

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Suppose that the court had ruled in the plaintiff’s favor. How might that ruling have affected the plaintiff’s contracts with other parties?


On June 15, 1973, Maple Farms, Inc., formed an agreement with the city school district of Elmira, New York, to supply the school district with milk for the 1973–1974 school year. The agreement was in the form of a requirements contract, under which Maple Farms would sell to the school district all the milk the district required at a fixed price—which was the June market price of milk. By December 1973, the price of raw milk had increased by 23 percent over the price specified in the contract



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Business Law Today The Essentials

ISBN: 978-0324786156

9th Edition

Authors: Roger LeRoy Miller, Gaylord A. Jentz

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