Hi there, Can someone please help with this question: Sam, searching for other land to purchase, bumped
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Question:
Hi there,
Can someone please help with this question:
Sam, searching for other land to purchase, bumped into a friend who wanted to sell his house. Sam and his friend negotiated by e-mail and, after a series of emails, reached a clear unequivocal agreement for a simple contract for the sale of the land. Sam telegraphically transferred a deposit to his friend's bank account. In your opinion;
(a) Is it probable that an enforceable contract for the sale of land has been created?
(b) Advise Sam with respect to the payment of the deposit.
Many Thanks!
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