Utah Ass'n of Credit Men v. McConnell
Utah Supreme Court
Appeal from District Court, Third District; Hon. O. W. Morse, Judge. Action by the Utah Association of Credit Men against R. N. McConnell. Judgment for plaintiff.
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Appeal from District Court, Third District; Hon. O. W. Morse, Judge. Action by the Utah Association of Credit Men against R. N. McConnell. Judgment for plaintiff. Defendant appeals. appellant’s POINTS The rule of law is well established that an offer to sell imposes no obligation on either party until accepted according to its terms, and that a proposal to accept, or an acceptance upon terms varying from those offered, is a rejection of- the offer and ends the negotiations, unless the offer is renewed or the proposed modification accepted, and the offer which has been rejected cannot be…
1Opinion of the CourtCorfman, J.
Plaintiff, as assignor, brought an action in the district court of Salt Lake County for damages alleged to have been sustained by reason of the defendant’s refusal to receive and pay for a stock of merchandise and other personal property under a contract of sale entered into between the plaintiff and the defendant. Briefly stated, it is alleged in the complaint that on April 25, 1912, the Regulator Company, a corporation, was engaged in business at Richfield, Utah, and on said day executed and delivered to the plaintiff a voluntary *535assignment for the benefit of its creditors of a stock of…
2Cases cited1 opinion
- Lucy v. FreemanSupreme Court of Minnesota · 1904
3Cited by2 opinions
- Damaskus v. McCarty-Johnson Heating & Engineering Co.Supreme Court of Colorado · 1931
- 1-800 CONTACTS, INC. v. WeignerCourt of Appeals of Utah · 2005