Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Carlos wants to buy a new car for his daughter, Elise, as a college graduation present. He enters into a purchase contract with ABC Auto

Carlos wants to buy a new car for his daughter, Elise, as a college graduation present. He enters into a purchase contract with ABC Auto Sales, which specifies delivery of the car to Elises home. Carlos gives the dealer $15,000 as a down payment on the car, and signs financing documents on the car. Elise is not a party to the contract between her father and ABC Auto Sales. However, she hears that her dad is giving her a sparkly new car, so she sells her old car to a friend. On Elises birthday, the dealer fails to deliver the car, and when Carlos checks back, he discovers ABC never ordered the car in the first place.

What type of 3rd party is Elise and why?

Does Elise have a right to enforce the contract between Carlos and ABC Auto Sales? Why or why not?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Leading The Digital Workforce Internal Audit And IT Audit

Authors: Jeffrey W. Brown

1st Edition

1032323736, 978-1032323732

More Books

Students also viewed these Accounting questions

Question

Explain basic guidelines for effective multicultural communication.

Answered: 1 week ago

Question

Identify communication barriers and describe ways to remove them.

Answered: 1 week ago

Question

Explain the communication process.

Answered: 1 week ago