Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

* e John found an ideal piece of land for his retirement. He telephoned the farmer and asked to meet him. The farmer, decided

image text in transcribed

* e John found an ideal piece of land for his retirement. He telephoned the farmer and asked to meet him. The farmer, decided to sell John the lot for $150,000. John agreed, handing the farmer $2,000 in cash as a deposit. John erected a cabin in the summer and built an access road to the cabin. When he approached the farmer he was told that he no longer wished to sell the land and informs John he will have to tear down his building. The farmer tells John they do not have a all elements of a contract are met in his effort to get possession of the property. written agreement and therefore there is no contrect. What can John do here- does the doctrine of part performance apply here? You also have to explain whether

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

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

More Books

Students also viewed these Accounting questions