14.1 Statute of Frauds Hoffman v. Sun Valley Company 102 Idaho 187, 628 P.2d 218, 1981 Ida. Lexis 320 (Supreme Court of Idaho, 1981)

Case: Fritz Hoffman and Fritz Frey contacted the Sun Valley Company (Company) about purchasing a 1.64-acre piece of property. A representative of Company authorized to sell the property reached an agreement with them, and sent a letter confirming the conversation and the terms of the agreement.

Issue: Before the documents were executed by either side, Sun Valley Company sold all its assets, including the Ruud Mountain property, to another purchaser. When the new owner refused to sell the Ruud Mountain lot to Hoffman and Frey, they brought this action for specific performance of the oral contract.

Critical Legal Thinking Question: Yes/No, Do Hoffman and Frey win? Explain why?