subject
Business, 06.05.2020 02:11 deidaraXneji

Westbank Real Estate, Inc. owns 10 acres of forested land. Westbank wants the land cleared in order to build houses. Westbank emails a signed electronic memorandum to a representative of Hardell Lumber Co. offering to sell the mature trees and rich topsoil to Hardell for lumber and agricultural purposes. The electronic memorandum includes the parties' typed names, the consideration, the price, and a description of the property, lumber, and soil. Hardell replies via email to Westbank that it accepts Westbank's terms, electronically signs the memorandum, and will start removing the trees and soil next month. Before Hardell can begin clearing the land, Westbank changes its mind, wants to keep the land forested, and prevents Hardell from accessing the property claiming no contract has been formed.

Does the electronic agreement for the sale of trees and soil fall under the statute of frauds?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 06:40
After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?
Answers: 1
question
Business, 22.06.2019 11:10
Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.
Answers: 1
question
Business, 23.06.2019 09:50
Leading guitar string producer wound up inc. has enjoyed a competitive advantage based on its proprietary coating that gives its strings a clearer sound and longer lifespan than uncoated strings. one of wound up's competitors, however, has recently developed a similar coating using less expensive ingredients, which allows it to charge a lower price than wound up for similar-quality strings. wound up's competitive advantage is in danger due to a. a lack of perceived value b. a lack of organization c. direct imitation and substitution d. resource immobility
Answers: 3
question
Business, 23.06.2019 20:30
He provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance.
Answers: 1
You know the right answer?
Westbank Real Estate, Inc. owns 10 acres of forested land. Westbank wants the land cleared in order...
Questions
question
Physics, 23.06.2021 22:00
question
English, 23.06.2021 22:00
question
Mathematics, 23.06.2021 22:00
question
Mathematics, 23.06.2021 22:00
question
Mathematics, 23.06.2021 22:00
question
Chemistry, 23.06.2021 22:00
question
Law, 23.06.2021 22:00
Questions on the website: 13722359