RICHARD S. ARNOLD, Chief Judge.
This case arises from the sale of a Beechcraft airplane owned by G.W. Davis Construction Company (Davis) to Alaskan Oil, Inc. Approximately one year after this sale, Alaskan Oil sold the plane for salvage after finding that it had deteriorated so much as to be "economically unfeasible" to repair. On December 19, 1989, Alaskan Oil sued Davis and Central Flying Service, Inc., the company which acted as the selling agent, seeking to recover...
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