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SEIKO TIME CORP. v. VIDEO ASSOCS., INC.

99 A.D.2d 941 (1984)

Seiko Time Corporation, Appellant, v. Video Associates, Inc., Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

March 1, 1984

¶ In this action for goods sold and delivered, plaintiff-appellant Seiko Time Corporation (Seiko) seeks payment for certain watches and timepieces which defendant-respondent Video Associates, Inc. (Video) admits contracting for and receiving. Video purchased this merchandise and resold it primarily to banks and corporations to be used as "premiums" or gifts. ¶ In its second amended counterclaim, Video alleges that Seiko is guilty of fraud in the inducement in that...

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