81. (a) Paul owns a Bar & Grill on a heavily trafficked downtown street. Paul wants to expand his restaurant to include room for pool tables and dart boards. The adjacent property, owned by Quinn, is about to come up for sale. Paul wants to purchase Quinns property. However, Paul and Quinn do not get along and Quinn would NEVER sell to Paul. Paul decides to enlist the help of Adam to purchase Quinns property. Paul gives Adam express instructions not to tell Quinn he is purchasing the property for Paul. Identify the parties to the agency agreement and what role each serves in said arrangement.
(b) Adam is able to negotiate a fair market price for Quinns property and enters into a purchase contract for same. However, Paul is unable to come up with the down payment for the property under the contract and must cancel the plans of buying Quinns property. Explain how each party would be liable to the other parties in the transaction. Be sure to identify the type of agency at issue in this situation.
82. Same facts as Question # 81. Adam is unable to close the deal with Quinn and purchase her property. However, Adam learns the property on the other side of Pauls Bar and Grill, which is owned by Rob, is about to hit the market. Adam, having to act quickly, is able to arrange a purchase price of Robs property which is below fair market value. Adam enters into a purchase contract with Rob for the purchase of the property. Explain how each party would be liable to the other parties in the transaction given the information in each of the following situations.
A. Paul is thrilled with Adams actions and wants to follow through with the purchase of Robs property as contracted.
B. Pauls plans for expansion will not work with Robs property for reasons which Adam was not aware and Paul does not want to go through with the purchase of Robs property.
C. Before Adam can tell Paul he has contracted to buy Robs property, Rob tells Adam he has received a better offer on the property and is going to cancel the sell to Adam. 
81 (a). Paul owns a Bar & Grill on a heavily trafficked downtown street. Paul wants to expand his restaurant to include room for pool tables and dart boards. The adjacent property, owned by Quinn, is about to come up for sale. Paul wants to purchase Quinn's property. However, Paul and Quinn do not get along and Quinn would NEVER sell to Paul. Paul decides to enlist the help of Adam to purchase Quinn's property, Paul gives Adam express instructions not to tell Quinn he is purchasing the property for Paul. Identify the parties to the agency agreement and what role each serves in said arrangement. (b) Adam is able to negotiate a fair market price for Quinn's property and enters into a purchase contract for same. However, Paul is unable to come up with the down payment for the property under the contract and must cancel the plans of buying Quinn's property. Explain how each party would be liable to the other parties in the transaction. Be sure to identify the type of agency at issue in this situation. 82. Same facts as Question # 81. Adam is unable to close the deal with Quinn and purchase her property. However, Adam learns the property on the other side of Paul's Bar and Grill, which is owned by Rob, is about to hit the market. Adam, having to act quickly, is able to arrange a purchase price of Rob's property which is below fair market value. Adam enters into a purchase contract with Rob for the purchase of the property. Explain how each party would be liable to the other parties in the transaction given the information in each of the following situations. A. Paul is thrilled with Adam's actions and wants to follow through with the purchase of Rob's property as contracted. Paul's plans for expansion will not work with Rob's property for reasons which Adam was not aware and Paul does not want to go through with the purchase of Rob's property. C. Before Adam can tell Paul he has contracted to buy Rob's property, Rob tells Adam he has received a better offer on the property and is going to cancel the sell to Adam. B. 81 (a). Paul owns a Bar & Grill on a heavily trafficked downtown street. Paul wants to expand his restaurant to include room for pool tables and dart boards. The adjacent property, owned by Quinn, is about to come up for sale. Paul wants to purchase Quinn's property. However, Paul and Quinn do not get along and Quinn would NEVER sell to Paul. Paul decides to enlist the help of Adam to purchase Quinn's property, Paul gives Adam express instructions not to tell Quinn he is purchasing the property for Paul. Identify the parties to the agency agreement and what role each serves in said arrangement. (b) Adam is able to negotiate a fair market price for Quinn's property and enters into a purchase contract for same. However, Paul is unable to come up with the down payment for the property under the contract and must cancel the plans of buying Quinn's property. Explain how each party would be liable to the other parties in the transaction. Be sure to identify the type of agency at issue in this situation. 82. Same facts as Question # 81. Adam is unable to close the deal with Quinn and purchase her property. However, Adam learns the property on the other side of Paul's Bar and Grill, which is owned by Rob, is about to hit the market. Adam, having to act quickly, is able to arrange a purchase price of Rob's property which is below fair market value. Adam enters into a purchase contract with Rob for the purchase of the property. Explain how each party would be liable to the other parties in the transaction given the information in each of the following situations. A. Paul is thrilled with Adam's actions and wants to follow through with the purchase of Rob's property as contracted. Paul's plans for expansion will not work with Rob's property for reasons which Adam was not aware and Paul does not want to go through with the purchase of Rob's property. C. Before Adam can tell Paul he has contracted to buy Rob's property, Rob tells Adam he has received a better offer on the property and is going to cancel the sell to Adam. B
