Source: https://stus.com/Lease-or-Sale-cartoon-ctr0129
Timestamp: 2019-04-24 18:08:46+00:00

Document:
Gibraltar Financial Corp. v. Prestige Equipment Corp.; court must consider economic reality of transaction to detemine whether it was a lease or a sale subject to a security agreement.
Central Washington Refrigeration, Inc. v. Barbee; Uniform Commercial Code; indemnity actions are governed by separate statute of limitation; implied right of indemnity; separate equitable cause of action; UCC.
In re John\'s Bean Farm of Homestead, Inc.; bankruptcy; wrong name; computer search string; incorrect identification of a debtor on a financing statement is seriously misleading.
Marmer v. Kaufman; Oral promises are unenforceable for lack of consideration where the promisor receives no benefit by enforcement of the promise and the promisee suffers no legal detriment.
Frank Dixon v. Wells Fargo Bank, N.A.; promissory estoppel will be applied when the promisor makes a promise that the promisee reasonably and foreseeably relies on to his or her detriment.
Peter Kossian v. American National Insurance Co.; Under the equitable doctrine of unjust enrichment, one party should not be indemnified twice for the same loss.
Bayway Refining Co. v. Oxygenated Marketing & Trading A.G.; the burden of proving that additional terms would be a material alteration of the contractual obligation is on the party who objects; surprised party.
Kenai Chrysler Center, Inc. v. Denison; Guardianship proceedings are treated as providing public notice of the ward's incapacity, even though the other party to a particular transaction may have no knowledge or reason to know of the guardianship.
DeFontes v. Dell, Inc.; Arbitration is a matter of contract and a party cannot be required to submit to arbitration unless agreed. Under the UCC, contracts for the sale of goods may be formed in any manner sufficient to show agreement.
Hancock v. American Telephone & Telegraph, Inc.; When customers are given notice of the terms and conditions of a contract via a clickwrap agreement and must affirmatively manifest assent by clicking I Agree, the clickwrap agreements is valid.
H-W-H Cattle Co., Inc. v. Schroeder; Under the Uniform Commercial Code, a buyer has two options when the seller fails to deliver: (1) the buyer may "cover" by making a good faith substitute purchase; or (2) recover damages for non-delivery.
Seggebrush v. Stosor; the implied covenant of good faith and fair dealing includes a prohibition on cheating on the contract terms.

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