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Contracts Keyed to Marshall
American Agricultural Chemical Co. v. Kennedy & Crawford
Citation:
48 S.E. 868 (1904)Facts
The defendants demurred to the declaration on the ground that the contract sued on was without consideration, and was therefore invalid. This contention is based upon that clause of the written agreement which provides that “we the plaintiffs reserve the right to cancel this contract at any time we may deem proper, but in the event of such cancellation, the provisions of this contract shall govern the closing of all business begun thereunder.”
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Topic Resources
Topic Outline
Formation of ContractsTopic Refresher Course
Consideration and Promissory Estoppel