Legal Question in Business Law in Iowa

Email agreement

I verbally agreed to secure products valued greater than $500 for a customer. The conversation was confirmed to me by email but I did not respond to that confirmation but did attempt to carry out my obligation. Market conditions changed over the next few months and I have not been able to secure the products for the desired commitment price. Is there liability here without a written and signed contract in place?

Thanks


Asked on 5/03/07, 1:45 pm

1 Answer from Attorneys
Robert Luedeman solo practitioner

Re: Email agreement

If you cannot obtain product for a person at a price they want to pay, I hardly think you're obligated to deliver, particularly if you did not respond to the confirmatory email. The customer is no worse off than he was before.

Consider also:

A contract for the sale of goods in excess of $500 must be memorialized wuth a writing under the Uniform Commercial Code.

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Answered on 5/03/07, 3:05 pm


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