Legal Question in Business Law in Texas
Hailey, a purchasing agent for ABC Construction Company agreed orally with Carr Lumber Company to purchase 1,000 preassembled window frames. The agreed price was $80,000. When ABC lost its financing, it had to cancel its plans for the houses it had planned to build. Carr sued to collect the purchase price?
a. Was this a contract for sale?
b. Was this a contract for labor and materials?
c. Did the contract meet the UCC requirement of writing?
d. Is it likely that Carr would win the lawsuit, explain why or why not?
Asked on 4/06/15, 3:40 pm
1 Answer from Attorneys
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