Reinfort executed a written contract with bylinski to, Ask an Expert

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Reinfort executed a written contract with Bylinski to purchase an assorted collection of shoes for $3,000. A week before the agreed shipment date, Bylinski called Reinfort and said, ‘‘We cannot deliver at $3,000; unless you agree to pay $4,000, we will cancel the order.''

After considerable discussion, Reinfort agreed to pay $4,000 if Bylinski would ship as agreed in the contract.

After the shoes had been delivered and accepted by Reinfort, Reinfort refused to pay $4,000 and insisted on paying only $3,000. Is the contractual modification binding? Explain.

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Management Theories, Management Studies

Category:- Management Theories
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