Contracts Keyed to Murphy
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McMichael v. Price
Facts
Plaintiff, who was beginning a new sand selling business, but had prior experience, entered into a contract to sell sand to the Defendant. Defendant promised to purchase all sand that the Plaintiff could sell, provided it was good quality, at a reduced price from market value. The agreement was to last for a period of ten years. Defendant ceased purchasing sand before the end of the term of ten years.
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