Good Faith in Contract Formation Flashcards
1
Q
Contracts to Negotiation and Good Faith
A
Baskin Robbins and Racine
2
Q
New England Insulation v. General Dynamics
A
GD solicited bids from NE for insulation for tanks. GD promised the bids would be kept secret and opened only after bidding closed. GD had kickback going with Frigitemp. GD gave them bids and designs and Frigitemp paid GD.
i) Reliance damages awarded. There was never a contract
ii) Decided for NE, for public policy reasons.