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Chapter 16 #2 - Beachcomber, a coin dealer, sues to rescind a purchase by Boskett, who paid $50 for a dime both parties thought was

Chapter 16

#2 - Beachcomber, a coin dealer, sues to rescind a purchase by Boskett, who paid $50 for a dime both parties thought was minted in San Francisco. In fact, it was a very valuable dime minted in Denver. Beachcomber asserts a mutual mistake of fact regarding the genuineness of the coin as San Francisco minted. Boskett contends that the mistake was as to value only.

Who do you think should win based on this passage? and Why?

Chapter 17

#5 - Strickland, an insured under a Gulf Life disability policy, injured his right leg. Doctors worked unsuccessfully for 118 days to save his leg. The insurance policy provided that Gulf Life would pay disability benefits if an insured person lost a leg through "dismemberment by severance" within ninety days after an accident. Gulf Life denied liability because severance of Strickland's leg was not within the ninety-day limitation. Strickland sued, claiming the ninety-day limitation was contrary to public policy.

Should Strickland collect on to the policy? Why or why not?

Chapter 18

#8 - Brown entered into an oral contract to purchase a farm from Burnside. Brown took possession of the farm, made several improvements, tore down an old farmhouse, paid taxes, and made payments on the purchase price. Burnside thereafter refused to deed the farm to Brown as orally agreed. Brown sought specific performance of the oral contract.

Is the oral contract to sell real property enforceable under these circumstances? Why or why not?

Based on the Federal Trade Commission's website at https://www.ftc.gov or the Better Business Bureau's website at https://www.bbb.org Base on these two websites above:

  • Which website would you choose and why?
  • What about that website interests you?
  • Why is this website useful for others to know about?

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