George was approached by a travelling salesperson,who convinced him to purchase an automatic weaving machine at a price of $900.To encourage the sale,the salesperson had verbally agreed to purchase,for a very modest price,any goods George wove that were up to a marketable standard.It was suitable for a home business,and George undertook a series of payments under a written agreement.The machine did a poor job,producing nothing marketable.The salesperson had disappeared in the meantime,having assigned the agreement to a finance company.The finance company was now looking to George for payment.George refused to pay.Explain the rights and liabilities of the parties.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q2: Kathy sells her business to Lucy for
Q3: Sylvia obtained a full release from the
Q19: Hammond sells her house to Mendoza for
Q52: Garth and Elizabeth are husband and wife.
Q101: Acme Engineering needed cash and on March
Q102: C,a neighbour of D,wished to borrow a
Q103: Having made it clear that she would
Q104: Bildit Construction Co.was building a large condominium
Q107: Randy,an avid hunter,wishes to build a hunting
Q108: Simon bought a used yacht from Marvel's
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents