Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Business Law: The Rivera's owned and operated a small pharmacy in New York.They spoke to Hyman a representative of CVS Pharmacy,inc.Hyman toldthem that for 25,000CVS

Business Law:

The Rivera's owned and operated a small pharmacy in New York.They spoke to Hyman a representative of CVS Pharmacy,inc.Hyman toldthem that for 25,000CVS would build them a store and stock it for them.The Rivera's gave up their store and bought a lot on which CVS was to build the store. CVS then told them the price went up to 35,000. The Rivera's borrowed the extra money, but then CVS told them the cost would be 50,000. Negotiations broke off and the Rivera's sued.

(1) Is there a contract?

(2) and if there is not is there another way the Rivera's can recover any money?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics For Engineers And Scientists

Authors: William Navidi

3rd Edition

73376345, 978-0077417581, 77417585, 73376337, 978-0073376332

Students also viewed these Law questions

Question

What is the difference between stereotypes and prejudice? (p. 351)

Answered: 1 week ago

Question

Solve the integral:

Answered: 1 week ago

Question

What is meant by Non-programmed decision?

Answered: 1 week ago

Question

What are the different techniques used in decision making?

Answered: 1 week ago