Harvest Rice, Inc. v. Fritz & Mertice Lehman Elevator & Dryer, Inc.

Supreme Court of Arkansas
231 S.W.3d 720, 365 Ark. 573 (2006)
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Sections

Rule of Law:

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The Legal Principle

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Facts:

  • Harvest Rice, Inc. ('Harvest'), a rice buyer and miller, orally negotiated with Fritz and Mertice Lehman Elevator and Dryer, Inc. ('Lehman'), a grain elevator, to purchase a large quantity of rough rice.
  • The alleged oral agreement was for 67,500 hundredweights of rice at $5.10 per hundredweight plus shipping, for delivery by May 31, 2003.
  • On April 1, 2003, following the negotiations, a Harvest employee, Gerald Loyd, faxed a 'buyer report' to Park Eldridge of Lehman.
  • This buyer report contained the specific quantity, price, delivery date, and other terms discussed, along with a handwritten note stating, 'Thank You Park.'
  • Eldridge did not see the fax for several days because his fax machine was out of paper.
  • On April 15, 2003, Eldridge faxed a letter to Harvest objecting to the terms in the buyer report and stating he would be unable to make the sale.
  • Lehman subsequently did not deliver the rice.
  • No written contract was ever signed by both parties.

Procedural Posture:

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How It Got Here

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Issue:

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Legal Question at Stake

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Opinions:

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Majority, Concurrences & Dissents

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Analysis:

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Why This Case Matters

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