McQUADE, Justice.
This action involves a dispute over the character of an agreement entered into by the plaintiff respondent, Transportation Equipment Rentals, Inc., and the defendant-appellant, Mike Ivie. The appellant is engaged in the construction business, and in 1965, he was in need of a scraper. The appellant and respondent entered into negotiations for the rental by the respondent to the appellant of a new Caterpillar DW-20 Scraper. The scraper was purchased...
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