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Business, 28.10.2020 16:30 kuuleiisrad

Ishmael’s, a localgrocer, offers to purchase all of the corn produced by Whittaker Farms for $4.15/bushel. Whittaker Farms agrees. Although at first glance this looks like an illusory contract because Whittaker Farms is not obligated to produce any corn, it is actually a valid contract.

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Ishmael’s, a localgrocer, offers to purchase all of the corn produced by Whittaker Farms for $4.15/b...

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