Quimbee logo
DMCA.com Protection Status
From our private database of 18,800+ case briefs...

Goldstein v. Stainless Processing Co.

United States Court of Appeals for the Seventh Circuit
465 F.2d 392 (1972)


Morris Goldstein (plaintiff) contracted to buy 20,000 pounds of nickel cathodes from Stainless Processing Co. (Stainless) (defendant). During their negotiations, Goldstein and Stainless agreed that Goldstein would send Stainless a check for $20,000 as a good-faith deposit. Stainless was not supposed to cash the check. Rather, Stainless was merely supposed to hold the check until Goldstein had approved the nickel cathodes and made full payment upon delivery. Goldstein mailed the check to Stainless. At the same time, however, Goldstein had his bank stop payment on the check. When Stainless received Goldstein’s check, rather than holding it as promised, Stainless tried to deposit it. After learning from the bank that payment on the check had been stopped, Stainless contacted Goldstein to cancel the contract. By that time, the price of nickel had gone up. Goldstein bought the nickel cathodes from someone else, paying $23,000 more than the Goldstein-Stainless contract price. Goldstein then sued Stainless to recover this additional expense. The trial court ruled in favor of Stainless. Goldstein appealed.

Rule of Law


Holding and Reasoning (Pell, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 498,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 498,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 18,800 briefs, keyed to 985 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions & Answers

Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial