Law 421 Theory To Practice

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Theory to Practice LAW/421 University of Phoenix Graphic Communications Inc. Graphic Communications Inc. is a high-end printing company that designs and produces posters and other materials for advertising purposes. For a particular order GCI needed a special printing press and arrangements were made to purchase this press from Armstrong Press Manufacturing to be delivered no later than July 1. Because the press was large, it would be delivered in three pieces and assembled on site. The two parties agreed on the purchase terms and GCI made a purchase order to be sent to Armstrong. This purchase order contained the price, the description of the press, the date of the order, and a provision that agreed that the three pieces of the press…show more content…
According to Melvin (2011, p. 186) the UCC states that in order for the purchase order to satisfy the statute of frauds it has to contain three key elements: the quantity of goods purchased, the signature of the party from whom the goods are being purchased, and language that would allow a reasonable person to believe that a contract of a sale of goods is being formed between two parties. In this case between GCI and Armstrong Press Manufacturing the purchase order satisfied the statutes of fraud because the purchase order contained the quantity stating that there were three pieces of equipment that would be shipped and needed to be assembled to make the one press. There was a description of the product and the terms that the product would need to be delivered and operational by July 1. Armstrong’s manager acknowledged the terms and wrote that on the purchase order. The contract was complete when Armstrong’s manager signed his or her name on the purchase order and faxed it back to…show more content…
UCC 1-201 (19) states “honesty in fact in the conduct or transaction concerned.” If the press is assembled and is fully functional by July 1, it seems that Armstrong Press Manufacturing the has abided by good faith in fulfilling their terms of the sales contract and that Graphic Communications Inc. will be able to fulfill their pending sale to Main Street University. Reference Melvin, S. P. (2011). The Legal Environment of Business: A Managerial approach: Theory to Practice. New York, NY: McGraw-Hill/Irwin Retrieved September 17, 2012 from: https://ecampus.phoenix.edu/content/eBookLibrary2/content/TOC.aspx?assetdataid=ba00b38d- 2bb3-465c-b189-549fe15eedf4&assetmetaid=975f42c4-9d85-4785-93f4-867c4ee6986d Uniform Commercial Code. Retrieved September 17, 2012 from: http://www.law.cornell.edu/ucc/2/article2.htm Breach of Contract Law and Legal Definition. (2012) Retrieved September 17, 2012 from:

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