The Aslakson v. Home Saving Association case was very interesting. The Aslakson family joined into a conditional sales contract in order to buy a mobile home. A conditional sales contract is a when an individual signs a contract which allows the individuals to take the property, in this case a mobile home, but will not receive the title until the buyer receive the full purchase amount. Four years after signing the sales contract the Aslaksons decided to join into a purchase agreement, which allows them to sell the mobile home they are purchasing. In order to enter into the purchase agreement, the applicants had to go through the Upper Northwest Payment Plan, UNPP, and pass their credit check. The first applicant was denied due to their
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Cargill, Inc. Al Sternburg was doing his normal business with the Mogans which was 50,000 bushels. Later he was offered 85,000 bushels for the same price he paid for the 50,000 bushels he normally gets. Sternburg informed Alex Mogan, the person who was trying sell the 85,000 bushels, that Cargill, Inc. had to make that decision. Alex continue calling Sternburg to see if Cargill, Inc. accepted the deal and he informed Alex that Cargill, Inc. declined. On July 5, 1986, David C. Mogan wrote a letter to Cargill, Inc. demanding compensation for breach of a contract to purchase 85,000 bushels, claiming the grain was sold on May 23, 1986. Cargill, Inc. responded to this letter on July 28, 1986, advising David C. Mogan that it was Cargill, Inc. 's position that there was no contract (courtlistener.com, 2016). The article goes on to inform us that the purpose of this court case was to introduce a uniform statute of limitations for sales contracts, thus eliminating the jurisdictional variations and providing needed relief for concerns doing business on a nationwide scale whose contracts have heretofore been governed by several different periods of limitation depending upon the state in which the transaction occurred (courtlistener.com, 2016). The perception I gather was the understanding of arbitration through a contractual standpoint. Contractual is defined as a lawful association or linkage between contracting parties through a proposal, agreement of the proposal, and a legal deliberation. But it is very important to know that just because you have a contractual association, does not mean that the contract will be enforced. With this case, involving the freedom of contracting parties to alter the face of the arbitration process. The gravitational force of arbitration has tended to sweep up all sorts of other alternative dispute resolution mechanisms, causing them to benefit from the legitimacy, and statutory protection,
Cargill, Inc. Al Sternburg was doing his normal business with the Mogans which was 50,000 bushels. Later he was offered 85,000 bushels for the same price he paid for the 50,000 bushels he normally gets. Sternburg informed Alex Mogan, the person who was trying sell the 85,000 bushels, that Cargill, Inc. had to make that decision. Alex continue calling Sternburg to see if Cargill, Inc. accepted the deal and he informed Alex that Cargill, Inc. declined. On July 5, 1986, David C. Mogan wrote a letter to Cargill, Inc. demanding compensation for breach of a contract to purchase 85,000 bushels, claiming the grain was sold on May 23, 1986. Cargill, Inc. responded to this letter on July 28, 1986, advising David C. Mogan that it was Cargill, Inc. 's position that there was no contract (courtlistener.com, 2016). The article goes on to inform us that the purpose of this court case was to introduce a uniform statute of limitations for sales contracts, thus eliminating the jurisdictional variations and providing needed relief for concerns doing business on a nationwide scale whose contracts have heretofore been governed by several different periods of limitation depending upon the state in which the transaction occurred (courtlistener.com, 2016). The perception I gather was the understanding of arbitration through a contractual standpoint. Contractual is defined as a lawful association or linkage between contracting parties through a proposal, agreement of the proposal, and a legal deliberation. But it is very important to know that just because you have a contractual association, does not mean that the contract will be enforced. With this case, involving the freedom of contracting parties to alter the face of the arbitration process. The gravitational force of arbitration has tended to sweep up all sorts of other alternative dispute resolution mechanisms, causing them to benefit from the legitimacy, and statutory protection,