Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller

Exercise 5

The Right to Recover Damages. Woodridge USA Properties, L.P., bought eighty-seven commercial truck trailers from Southeast Trailer Mart, Inc. (STM). Gerald McCarty, an independent sales agent who arranged the deal, showed Woodridge the documents of title. They did not indicate that Woodridge was the buyer. Woodridge asked McCarty to sell the trailers, and within three months they were sold, but McCarty did not give the proceeds to Woodridge. Woodridge-without mentioning the title documents-asked STM to refund the contract price. STM refused. Does Woodridge have a right to recover damages from STM? Explain. [Woodridge USA Properties, L.P. v. Southeast Trailer Mart, Inc., __ F.3d __ (11th Cir. 2011)] (See page 429.)