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Fact Pattern 18-2 Flora, Who Owns and Operates Garden Fresh Organic Farms, Agrees

question 47

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Fact Pattern 18-2
Flora, who owns and operates Garden Fresh Organic Farms, agrees to sell Harvesters Grocery a minimum quantity of fresh fruits and vegetables every week for three months.
-Refer to Fact Pattern 18-2. If a strike delays delivery of the produce beyond the time for performance, Flora's contract with Harvesters is


Definitions:

Impostor Rule

A legal principle that protects persons who, in good faith, pay or act upon the instructions of someone falsely purporting to represent another.

Order Paper

A document listing all the items of business scheduled to be considered by a parliament or other legislative body on a specific day.

Negotiated

The process through which parties come together to discuss and settle upon the terms of an agreement or contract.

Without Recourse

A term indicating that the seller of a financial instrument relinquishes the right to demand payment from the buyer in case of non-payment.

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