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Daniel places an advertisement in the local newspaper: 1876 red vintage Ferrari for sale; $3,000,000. Timothy telephones Daniel and suggests that he will pay $2,500,000.
Daniel places an advertisement in the local newspaper: 1876 red vintage Ferrari for sale; $3,000,000. Timothy telephones Daniel and suggests that he will pay $2,500,000. Daniel refuses and requests $2,750,000 instead. Timothy asks how long the $2,750,000 will be on the table. Daniel indicates 'for the next 5 days'. On day 4 Daniel telephones Timothy and leaves a voice mail accepting $2,500,000. Timothy is no longer interested in the car and never returns Daniel's call. Daniel has had to pay storage fees and wishes to sue Timothy for breach of contract. Advise Daniel using the IRAC format for legal opinions
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