(Download) "Resource Management Company v. Weston" by Court of Appeals of Utah * Book PDF Kindle ePub Free

eBook details

Title: Resource Management Company v. Weston
Author : Court of Appeals of Utah
Release Date : January 23, 1985
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 87 KB

Description

STEWART, Justice: The plaintiff, Resource Management Co. (RMC), sued for a decree of specific performance directing defendants, the Westons, to convey to RMC certain oil and gas royalty rights pursuant to the terms of a contract. The trial court ruled against RMC holding that the contract was unenforceable because (1) there was "no bargained for consideration received by defendants in exchange for their promises" and (2) even if the consideration for the contract were not illusory, the contract was unconscionable because "the consideration promised by plaintiff for defendants royalty and mineral interests was grossly inadequate." RMC appeals.