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Nina owns a used car lot. She signs and sends a fax to Seth, a used car wholesal

ID: 450492 • Letter: N

Question

Nina owns a used car lot. She signs and sends a fax to Seth, a used car wholesaler who has a huge lot of cars in the same city. The fax says, "Confirming our agrmt-I pick any 15 cars fr yr lot-30% below blue book." Seth reads the fax, laughs, and throws it away. Two weeks later, Nina arrives and demands to purchase 15 of Seth scars. Is he obligated to sell? YOU BE THE JUDGE: WRITING PROBLEM United Technologies advertised a used Beecheraft Baron airplane for sale in an aviation journal. Attorney Thompson Comerford spoke with a United agent who described the plane as "excellently maintained" and said it had been operated "under 135 flight regulations," meaning the plane had been subject to airworthiness inspections every 100 hours. Comerford arrived at a Dallas airport to pick up the plane, where he paid $80,000 for it. He signed a sales agreement stating that the plane was sold "as is" and that there were "no representations or warranties, express or implied, including the condition of the aircraft its merchantability, or its fitness for any particular purpose"

Explanation / Answer

Q ) Is he Obligated to sell ?

A ) As per the UCC section 2 - 201, if there is a presence of signed memo between any 2 merchants,Its the binding aganist the sender and had to justify that its a statue of fraud aganist the receipent.If the receiptent reads the signed memo or contract and does not object it within 10 days of its arrival.

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