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I needcomplete2-3 pages paperon the following assignment.HALF PAGE LENGTH IS NOT ACCEPTED.Mustaddress the all steps properly.Mustinclude3-5credible references from provide required readingsand cited inAPA.Must provide100% originalwork.
DO NOT PROVIDE THE PREVIOUSLY USED WORK.
DO NOT WRITE QUESTIONS IN ANSWER!
Assignment
Read the following set of case facts. This set of facts is to be addressed using the relevant sections of the UCC (see attached) that you have read and are familiar with thus far in the course. Your response should focus on why and how the relevant sections of the UCC will guide the parties to a conclusion and which party should prevail under the UCC.
Case Facts
Rush Johnson Farms Inc. (Johnson) is thinking of filing a lawsuit against Missouri Farmers Association Inc. (MFA) for $4094.60 which Johnson claimed to be the balance due for soybeans sold to MFA. MFA said it withheld the amount on the ground that Johnson had entered into a contract to deliver 6000 bushels of beans and had failed to deliver the entire amount and the sum MFA withheld represented damages to MFA for the shortage.
When Johnson was getting ready to sell his 1972 crop in 1973 he stated he had checked with a number of elevators to determine the market price of soybeans. He called the MFA elevator at Salisbury and requested he be notified when beans reached $4.00 a bushel. On January 2 1973 the secretary at the elevator called Johnson and told him beans had reached $4.02 per bushel. He stated he agreed to sell his crop at the $4.02 figure and estimated he would have from 5000 to 6000 bushels. The elevator secretary has told everyone that her understanding was the agreement was to sell the definite quantity of 6000 bushels.
Within a few days after January 2 the secretary mailed Johnson a written contract calling for the sale of 6000 bushels of soybeans at $4.02 per bushel. Johnson stated he received the contract and was excited but he did not contact the elevator about any difference in understanding of number of bushels sold. Instead he threw the contract away.
Johnson contended the contract was not for a definite quantity of beans. Further Johnson argued the contract was oral and under sections of the UCC could not be proven because it involved more than $500 and was not in writing signed by him. As a result he was not obligated to the entire 6000 bushels. MFA countered that Johnson was a merchant within the UCC definition and therefore the specifics of the oral representation would be admissible.
The underlying issues are pretty simple here answer these questions in complete 2-3 pages.
Remember the UCC is written to address circumstances such as these where there is either no writing or there is an incomplete writing.
In your paper
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