Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Conor and Charlie are Galway art collectors. They had been discussing the sale of a sketch by the well known local artist, James Cee. On

Conor and Charlie are Galway art collectors. They had been discussing the sale of a sketch by the well known local artist, James Cee. On Tuesday they meet and Conor says Ive decided to sell you the sketch for 10,000. Charlie asks if he can have until Saturday morning to think about the offer and Conor agrees. On Thursday night, Charlie hears from Dolores, another art collector, that Conor has sold the sketch to a Dublin gallery owner. Charlie immediately sends a fax to Conors office, accepting the offer, even though he knows that Conor spends every Friday working in a gallery in Westport. Conor returns to Galway on Friday evening and bumps into Charlie in a pub. He tells Charlie that the deal is off because he has already sold the sketch. Charlie is furious and threatens to sue Conor for breach of contract. Advise Charlie.

Using the IRAC format of Issues, Relevant Law, Apply law to facts of problem, Conclusion.

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_2

Step: 3

blur-text-image_3

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

Real Estate Finance

Authors: John P. Wiedemer, ‎ Keith J. Baker

9th edition

324181426, 324181425, 978-0324181425

More Books

Students also viewed these Finance questions