Cengage Advantage Books: Law for Business 19th Edition by John Ashcroft,Katherine Ashcroft,Martha Patterson

Exercise 11

Foster owned a prize-winning stallion and entered into an agreement with Colorado State University's Equine Reproduction Laboratory (Lab) to provide certain reproductive treatments. The Lab collected several "straws" of semen and stored them in its specialized facility, pursuant to a fee paid by Foster. The Lab and most of its contents were later destroyed by fire, and Foster sued the Lab for failure to exercise reasonable care. The Lab argued that there was no contract. Was the Lab liable for the lost straws?