Possible Solutions to a Dispute between a Farmer and a Farm Equipment Company Title: Resolving a Dispute: Possible Solutions for a Farmer and Farm Equipment Company

Assignment Questions for Week One – PREPARE A WELL WRITTEN WELL ORGANIZED ESSAY.  YOU WILL BE GRADED ON CONTENT, ORGANIZATION AND PRESENTATION
On 1 April 2001, Mr. Zucchini, a farmer bought a tractor for $50,000 from Garden Farm Equipment. The salesman assured him that it was brand new. Mr. Zucchini executed a negotiable promissory note for $50,000 for the purchase price. The promissory note was properly negotiated by Garden to Henry, a holder in due course. On 1 September 2001, the tractor broke down. Tom, a local mechanic, told Mr. Zucchini that the tractor was not new, but was rebuilt and repainted. When the note became due on 31 March 2002, Mr. Zucchini refused to pay Henry. Discuss the possible solutions to this case, with proper support.