Eustace owns a lovely house on Sylvan Lake.One day he notices that his next door neighbour, Enid, has placed a "For Sale by Owner" sign on her lawn.

Eustace is considering buying Enid's property so he goes over to her house to chat.Eustace asks Enid how much she wants for the house and Enid says she won't take less than $356,000.Eustace says that he thinks that price is way too high unless Enid plans on throwing in the floating dock and speedboat, the sheds and the riding lawnmower.Enid replies that she had planned on selling all those items separately and isn't ready to lower her price.She says she'll sell her house for $356,000 firm. Eustace says he'll have to think about it.

Over the next few days, Eustace notices a lot of people touring Enid's property and becomes anxious that he'll lose the property.When Eustace sees Enid in her yard, he walks over and tells her that he's made a decision and he'll buy the property for $356,000 not including the dock, speedboat, sheds and lawnmower - exactly as they discussed.Enid accepts and Eustace and Enid shake hands.Eustace and Enid agree that they'll to talk to their lawyers next week to finish the deal.

However, the next week, Enid phones Eustace and says she's sorry but she has just signed a contract to sell her house for $370,000.

Which of the following are true?Indicate all that apply.

Incorrect responses will be deducted from correct responses.

Question 2 options:

1)

The courts will not help Eustace enforce Enid's promise to sell to Eustace because it was not made in writing.

2)

Enid and Eustace didn't have a contract because oral contracts can never be binding in the law.

3)

The courts will award Eustace damages based on Enid's breach of contract but they might not force Enid to sell the house to Eustace.

4)

Eustace's offer to purchase for $356,000 not including the dock, speedboat, sheds and lawnmower was unconditionally and unequivocally accepted by Enid.This means that a contract was formed between Eustace and Enid.