Atlantic Applications, Inc., and Pacific Resale Company (PRC) enter into an oral contract for Atlantic's sale to PRC of six used forklifts for $1,900 each. Before PRC takes posses-sion of the items, this contract is enforce-able by

Question

Mauricio

Business

9 May, 08:42

Atlantic Applications, Inc., and Pacific Resale Company (PRC) enter into an oral contract for Atlantic's sale to PRC of six used forklifts for $1,900 each. Before PRC takes posses-sion of the items, this contract is enforce-able by

+3

Answers (1)

Know the Answer?

Maribel Wells · Answer 1

none of the parties

Explanation:

First of all, it is very difficult for one party to claim that the other party breached an oral contract because the terms were not written down.

In this case, until PRC takes possession of the forklifts (or at least one of the six) or it pays a certain amount of money to Atlantic, it is very difficult to enforce this contract. How can Atlantic or PRC prove that they had a contract and the specific terms of the contract if nothing was written?