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1.T.J. Burns entered into an oral contract with Mike Anthony for the purchase of 100 head of cattle at a price of $500 each.When the
1.T.J. Burns entered into an oral contract with Mike Anthony for the purchase of 100 head of cattle at a price of $500 each.When the oral contract was made, Burns gave Anthony a check for $1,00 as "Earnest money or good faith money for the purchase of the cattle."Anthony sold the cattle to someone else.Bruns sues, asking the court to compel Anthony to perform or to pay damages as a result of the breach of contract.What legal issues arise and how would the court apply the law to resolve the issues?
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