Case Perschke Vs Sebaske
Ethics cases: Sebasty v. Perschke
Kurt Perschke, a grain broker, raised an action against Kenneth Sebasty for breach of an oral contract that the two parties entered into on September 28, 1972. In the contract, Sebasty would purchase 14,000 bushels of wheat at $1.95 per bushel (Henry 27). The deal that was to go through after six months failed after Sebasty claimed that there was no contract between the two. The damages on the side of the buyer accrued to $14,070.98.
Sebasty failed to supply the wheat as demanded by Perschke because the Statute of Frauds barred the act (Halbert and Elaine 43). The act says that any contract where the price of the goods to be purchased exceeds $500 should be in writing.
When the matter was brought before Judge
Kurt Perschke, a grain broker, raised an action against Kenneth Sebasty for breach of an oral contract that the two parties entered into on September 28, 1972. In the contract, Sebasty would purchase 14,000 bushels of wheat at $1.95 per bushel (Henry 27). The deal that was to go through after six months failed after Sebasty claimed that there was no contract between the two. The damages on the side of the buyer accrued to $14,070.98.
Sebasty failed to supply the wheat as demanded by Perschke because the Statute of Frauds barred the act (Halbert and Elaine 43). The act says that any contract where the price of the goods to be purchased exceeds $500 should be in writing.
When the matter was brought before Judge