CONTRACTS; PERFORMANCE; PAYMENT—Even when a contract calls for payment by cash, if a buyer offers a check subject to clearance and agrees to wait until the check clears before taking delivery, it is the equivalent of offering cash.
CONTRACTS; LEASES; ASSIGNMENT—An assignment does not work a novation and payments to a seller or lessor under an assigned contract should not be held hostage to a dispute between the assignor and its assignee.
CONTRACTS; INTERPRETATION—While determining the construction of a contract is a matter of law, when a contract is ambiguous or parol evidence is needed to understand the agreement, it is up to a jury to determine what agreement was reached.
CONTRACTS; INTERPRETATION—Where a contract is ambiguous about whether a party can act unilaterally in a way that would deprive the other party of compensation, a court will interpret the contract consistent with an understanding that payment was intended.
CONTRACTS; INDEMNIFICATION—The distinction between “broad” and “limited” indemnification clauses is no longer relevant; now, to indemnify against an indemnitee’s own negligence, the clause must specifically reference the negligence or fault of the indemnitee.
CONTRACTS; GOVERNMENTS; REMEDIES—A state agency cannot limit a contractor’s remedy for claims relating to final Director’s decisions to an action before the Appellate Division because it is contrary to court rules and only the New Jersey Supreme Court has the authority to allocate jurisdiction.
CONTRACTS; GOOD FAITH; FAIR DEALING—There is no dichotomy between the principles of good faith or of fair dealing because they are either inextricably bound together or intended to express essentially the same kind of duty.
CONTRACTS; FRAUD—It wasn’t fraud when a boat dealer didn’t tell its customer that the boat manufacturer was in bankruptcy because there was no evidence that the manufacturer couldn’t build the customer’s boat.
CONTRACTS; FRAUD—Leasing a financed vehicle in possible contravention of the owner’s financing agreement is not an illegal transaction and is enforceable, but the lessee may be entitled to collect damages, if any, arising out of what might be a fraud against the financing company.
CONTRACTS; FORUM SELECTION—A contract requiring all disputes to be heard in a particular jurisdiction may require that a personal injury action be brought in that jurisdiction.