Question
Clifford Taylor, real estate entrepreneur in Indianapolis, owned a number of empty lots suitable for development within the city. He hired Drew Miller a real
Clifford Taylor, real estate entrepreneur in Indianapolis, owned a number of empty lots suitable for development within the city. He hired Drew Miller a real estate agent to sell one his lot for $750,000 within the next 30 days. Miller was to receive a 5% commission if he completed the sale.
The day following his appointment, Miller visited the office of Thomas Kinkaid. Kinkaid, a real estate developer, was willing to pay as much as $850,000 for the vacant lot, but promised to pay Miller a bonus of $25,000 if he could arrange for the sale of the lot for $750,000. Miller agreed.
The vacant lot was sold for $750,000. Taylor, however, refused to pay Miller the 5% commission and Kinkaid refused to pay the $25,000 bonus. Miller is now suing both Taylor and Kinkaid. What would be the result of this lawsuit? Please discuss.
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