Both parties are adults, the contract is oral and the painting is still in progress. Corelli pays

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Both parties are adults, the contract is oral and the painting is still in progress. Corelli pays Shelly the $2, 500 in return for her promise to delivered the painting to his home, when it is finished. A week or so later, after Shelly finishes the painting, a visitor to her gallery offers her $3,500 for it. Shelly sells the painting to the visitor and sends Corelli a signed letter explaining that she is canceling their contract for the moonrise painting. Corelli sues Shelly to enforce the contract. Is this contract enforceable? Explain

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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