
Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
Edition 7ISBN: 978-1305633612
Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
Edition 7ISBN: 978-1305633612 Exercise 2
Lewis signed a contract for the rights to all timber located on Nine-Mile Mine. He agreed to pay $70 per thousand board feet ($70/mbf). As he began work, Nine- Mile became convinced that Lewis lacked sufficient equipment to do the job well and forbade him to enter the land. Lewis sued. Nine-Mile moved for summary judgment. The mine offered proof that the market value of the timber was exactly $70/mbf, and Lewis had no evidence to contradict Nine-Mile. The evidence about market value proved decisive. Why? Please rule on the summary judgment motion.
Explanation
Specific performance is explained below:...
Business Law and the Legal Environment 7th Edition by Jeffrey Beatty,Susan Samuelson
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