JW Knapp Company v. Sinas

This appeal has been submitted with an agreed statement of facts. During the period from January to September, 1966, the defendant purchased from the plaintiff a large quantity of household furnishings having a retail value of $8,327.82. The cost of the individual items comprising this amount was reflected in an open charge account which the defendant purchaser had maintained with the plaintiff seller for a number of years.

Before any purchases were made the parties had agreed that after receipt of all the furnishings the total cost of these purchases would be taken off the open account and…