Law Assignment # 4

Law Assignment # 4

Issue

Issue in this case under the Illinois cases law the Wally argued that the agreement between the parties was unenforceable because it was never reduced to writing, while Randy claim that Randy signed the order form, so the act was in writing.

Rule

According to U.C.C section 2-201 if any contract for the sale of good more than the price of dollar five hundred or more then it must be in writing, however there are some exception for this which determined that oral contract for goods sold will be enforced when amount reached $500 or more.

If the buyer received and accepts the goods, then contract will be enforceable and if the buyer receives and accept part of goods the contract will also become enforceable and treated goods accepted and received.

This rule of court has not against the Mr. Wally because he received but not accepts the part of total deal of 50 watches, which cost is around $1250. In our case Mr. Wally has changed his mind for buying watches and sends watches back to Mr. Wally with reimbursing shipping expense.

Under the U.C.C. - ARTICLE 2 -§2-106 which has defined that “cancellation of order occurs when any party putting the end of contract for making it breach by the opposite party and it effect the same of “termination” and the cancelling party retain any remedy that occurs from the whole contract or situation of any unperformed part of contract”. In Addition, Elkhorn-Hazard Coal Co., v. Kentucky River Corp. 20 F.2d 67 (6th Cir. 1927)

Both Mr. Wally and Randy become engaged in the contract because they although deal oral on telephone but Mr. Wally sign the deal forms by mail so they are become engaged in proper and “valid offer and acceptance” of a contract.

It ...