Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond

Exercise 3

Whitman Heffernan Rhein Co., a financial advisory company, sued the Griffin Company to recover compensation for services rendered in negotiating the purchase of a business (Resorts International) from Donald Trump. The agreement between Whitman and Griffin had been made orally, but it should have been in writing under the New York statute of frauds. The trial court decided for Griffin, but Whitman appealed. Should the appeals court decide for Whitman? (Whitman Heffernan Rhein Co., Inc. v. The Griffin Co., 557 N.Y.S.2d 342)