Source: https://stus.com/Supplementary-Terms-cartoon-ctr0184
Timestamp: 2019-04-24 18:02:34+00:00

Document:
C. Itoh & Co. (America) Inc. v. Jordan Int'l Co.; The terms of a contract are the writings of the parties, along with supplementary terms incorporated by operation of law; gap-filler provisions of Article Two of the U.C.C.; additional terms.
In re Wild West World, L.L.C., Debtor; bankrupcty; notice to creditors; claimed security interest requires timely filing in order to obtain perfected status.
Pennsy Supply, Inc. v. American Ash Recycling Corp.; The bargain theory of consideration does not actually require that the parties bargain over the terms of the agreement; rather, a promise and a reciprocal conventional inducement.
Beaver v. Brumlow; if oral contract not enforceable under the Statute of Frauds has been performed to such an extent it would be inequitable to deny enforcement, may bar the Statute of Frauds defense; part performance; specific performance.
Crabtree v. Elizabeth Arden Sales Corp.; Statute of Frauds does not require single writing; multiple writings ok if linked by a reference within them to the same subject matter or transaction. Signed and unsigned writings may be read together.
Rocheux Int'l of N.J. v. U.S. Merchants Fin. Group; whether one party repudiated a contract or provided adequate assurance of future performance are questions of fact that must be decided by the trier of fact based on commercial standards.
Beanstalk Group, Inc. v. AM General Corp.; A contract will not be interpreted literally if doing so would produce absurd results. The parties are presumed to be rational persons pursuing rational ends.
Mills v. Wyman; A promise based only on a moral obligation is made without consideration and not enforceable.
Moscatiello v. Pittsburgh Contractors Equipment Co.; The implied warranty of merchantability can be excluded from a contract only if the word "merchantability" is used and the language of the disclaimer is conspicuous.
Webb v. McGowin; a moral obligation is sufficient consideration for a subsequent promise if the promisor has received a material benefit, even if the promisor had no original duty or liability.

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