Contract Law: 1861 Group, LLC v. Wild Oats Markets, Inc.

Facts: On March 3, when the plaintiff was asked by the defenders to enlarge the operations, the plaintiff disagreed alleging that it could incur expenses if at all it wanted to accommodate the defendant’s plan of which it was not ready. The defendants promised the plaintiff to help it negotiate with the other Lammert tenants to relocate. All of which the defendants did not do.

Issue: Under the Missouri laws, was there a crime committed under the promissory estoppels?

Answer: yes.

Courts Rationale: The prosecutor was able to assert a promise which relied on its detriments.

Significance of the Case: This case is so helpful in today’s society whereby parties are advised not to limit their negotiations on the act of faith. They should ensure written and signed agreements when making any deals.

Cite this paper

Select style

Reference

StudyCorgi. (2021, January 27). Contract Law: 1861 Group, LLC v. Wild Oats Markets, Inc. https://studycorgi.com/contract-law-1861-group-llc-v-wild-oats-markets-inc/

Work Cited

"Contract Law: 1861 Group, LLC v. Wild Oats Markets, Inc." StudyCorgi, 27 Jan. 2021, studycorgi.com/contract-law-1861-group-llc-v-wild-oats-markets-inc/.

* Hyperlink the URL after pasting it to your document

References

StudyCorgi. (2021) 'Contract Law: 1861 Group, LLC v. Wild Oats Markets, Inc'. 27 January.

1. StudyCorgi. "Contract Law: 1861 Group, LLC v. Wild Oats Markets, Inc." January 27, 2021. https://studycorgi.com/contract-law-1861-group-llc-v-wild-oats-markets-inc/.


Bibliography


StudyCorgi. "Contract Law: 1861 Group, LLC v. Wild Oats Markets, Inc." January 27, 2021. https://studycorgi.com/contract-law-1861-group-llc-v-wild-oats-markets-inc/.

References

StudyCorgi. 2021. "Contract Law: 1861 Group, LLC v. Wild Oats Markets, Inc." January 27, 2021. https://studycorgi.com/contract-law-1861-group-llc-v-wild-oats-markets-inc/.

This paper, “Contract Law: 1861 Group, LLC v. Wild Oats Markets, Inc.”, was written and voluntary submitted to our free essay database by a straight-A student. Please ensure you properly reference the paper if you're using it to write your assignment.

Before publication, the StudyCorgi editorial team proofread and checked the paper to make sure it meets the highest standards in terms of grammar, punctuation, style, fact accuracy, copyright issues, and inclusive language. Last updated: .

If you are the author of this paper and no longer wish to have it published on StudyCorgi, request the removal. Please use the “Donate your paper” form to submit an essay.