Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

De Old Museum is in serious need of renovation. The Museum decided to hold a fundraising auction. Donations were sought from many area businesses. The

De Old Museum is in serious need of renovation. The Museum decided to hold a fundraising auction. Donations were sought from many area businesses. The historic Seacliff Hotel agreed to donate a weekend stay for two to be sold at the auction. At the auction, Phil purchased the weekend at Seacliff Hotel for $500. Subsequently, erosion caused the Seacliff Hotel to slide into the ocean. However, Phil paid the $500 to De Old Museum and, with Phil's agreement, De Old Museum spent $300 for a weekend stay for two at another hotel. What is De Old Museum entitled to recover from Seacliff Hotel?

A)$500, because Phil paid this amount in reliance on the hotel's promise.

b) $300, because the destruction of the hotel acts as a partial discharge if a substitute performance is possible.

c) Nothing, because impossibility prevented the hotel from performing.

d) Nothing, because there was no consideration for the hotel's promise.

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

Constitutional And Administrative Law

Authors: A. Bradley, K. Ewing, Christopher Knight

18th Edition

1292402776, 978-1292402772

More Books

Students also viewed these Law questions

Question

Don't use AI & Answer fastly.. Question in finance 5 1 3 .

Answered: 1 week ago