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 The Lonely Guy Computer Dating Company, anticipating continued growth, was seeking to upgrade its computer software. Lonely Guy entered into a verbal agreement with Shoestring Software to design, develop, and furnish new software for Lonely Guy’s specialized application. Upon receiving Lonely Guy’s oral order, Shoestring sent a letter to Lonely Guy confirming all the terms of the deal in detail. When the job was completed, Lonely Guy refuses to accept or pay for the software application. The president of Shoestring telephones you and wants to know what rights Shoestring has against Lonely Guy. What will you tell her?

Financial Accounting, Accounting

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