Fact Pattern 16-1
Grain Co-op, LLC and Hearty Cereals, Inc., discuss the terms of a contract for periodic deliveries of corn. Grain faxes Hearty a memo on Grain's letterhead that summarizes the points on which they agreed, including a two-year term. Grain begins to perform, and Hearty accepts the deliveries but refuses to pay.
-Refer to Fact Pattern 16-1. Between Grain and Hearty, there is
A) an oral contract only.
B) a pre-contract only.
C) a written contract.
D) no contract.
Correct Answer:
Verified
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