Question
First, please read the facts carefully and identify all possible legal issues in the case. For example, Party A did XXX which will lead to
First, please read the facts carefully and identify all possible legal issues in the case. For example, Party A did XXX which will lead to YYY, thus Party A may lose the case because...// the case have a misrepresentation issue since Party A did Xx that lead Party B think Yy, then it cause B to making decision on Zz.
Secondly, do the identification the legal issues for each of the party involve. (Note: please do focus on issue spotting).
Lastly, argue further and give an example on if a factor change what the result would be for example, "Who would win the lawsuit (and why) if A, instead of acting as she did in the problem, [failed to send the notice] [wrote B urging her to perform] [never responded] [whatever]?" (Note: you may change the factor in any way you want.
Hypo facts are vague which for the purpose for you to change it, for example you may say "if the system instead on date X the warranty still works and Party A have legal stand to ask for remedy - law says party may require remedy"
HYPO 5
S owned shares of Ace, Inc. S and B executed a written contract for the sale of the shares by S to B for$500,000. The contract included a provision that B was obligated buy and pay for the shares if B was able to secure financing suitable to B. The contract also provided:
The parties acknowledge that Seller has provided to Buyer certain financial information with respect to the Shares but that Buyer has formed his own opinion based his own due diligence as to the value of the Shares being purchased hereunder. SELLER MAKES NO WARRANTY OF THE INCOME PRODUCING ABILITY OF THE SHARES OR THE PROFITABILITY OF THE COMPANY.
B failed to attend the closing of the transaction and did not pay S anything. B explained that she wasunable to secure a loan that offered an acceptable financial structure for purchasing the stock. S sued B for breach of contract. In her answer, B raised the defense that S failed to give her important financial information regarding the company that substantially affected the value of the shares.
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