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  5. 792 P.2d 443 (1990)
 

PACIFIC INLAND NAV. v. RIEDEL INTERN.

A8805-02890; CA A51296.

792 P.2d 443 (1990)

101 Or.App. 575

PACIFIC INLAND NAVIGATION, Inc., an Oregon Corporation, Appellant, v. RIEDEL INTERNATIONAL, Inc., an Oregon Corporation, Respondent.

Court of Appeals of Oregon.

Decided May 23, 1990.

Reconsideration Denied July 11, 1990.

Review Denied July 31, 1990.

Attorney(s) appearing for the Case

Craig D. White, Portland, argued the cause and filed the briefs for appellant.

Charles F. Adams, Portland, argued the cause for respondent. With him on the brief were Barnes H. Ellis and Stoel Rives Boley Jones & Grey, Portland.

Before RICHARDSON, P.J., and NEWMAN and DEITS, JJ.

RICHARDSON, Presiding Judge.

Plaintiff appeals the summary judgment for defendant in this action for breach of a contract whereby plaintiff alleged that defendant agreed to sell barges to it. The contract, according to plaintiff, took the form of a 1986 oral understanding between its employees and Oliphant, one of defendant's managers. Plaintiff contends that the agreement was, in turn, ratified by Arthur Riedel, defendant's president, in a 1987 conversation between...

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