Question
1)A signed a contract agreeing to sell the land he owned but reserved the right to take the hay from the land until the following
1)"A" signed a contract agreeing to sell the land he owned but reserved the right to take the hay from the land until the following October.He gave the contract form to "B, a broker.""C," a prospective buyer, agreed to buy the land and signed the contract but crossed out the provision regarding the hay crop.
Was there a binding contract between "A" and "C?"
2)Katherine mailed Paul an offer with definite and certain terms and that was legal in all respects stating that it was good for ten (10) days.Two (2) days later Katherine sent Paul a letter by certified mail (time stamped by the USPS 1:14 PM) stating that the original offer was revoked.That evening Paul emailed his acceptance of the offer to Katherine.She immediately called Paul to tell him that she had revoked the offer that afternoon, and that he would surely receive it in tomorrow's mail.
Based on these facts, was Katherine's revocation valid?
3)Lessack Auctioneers advertised an auction sale that was open to the public and was to be conducted "with reserve."Gordon attended the auction and bid $100.00 for a work of art that was worth much more.No higher bid was made.Lessack refused to sell the item for $100.00 and withdrew the item from sale.
Gordon claimed that because he was the highest bidder, Lessack was required to sell the item to him.Was Gordon correct?
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