Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Jason saw a house and decided he really liked it and wanted to buy it. He met with Mary, the owner, and offered her $750,000.

Jason saw a house and decided he really liked it and wanted to buy it. He met with Mary, the

owner, and offered her $750,000. Mary said she wasn't sure she wanted to sell. Jason told her

to think it over and call him by noon the next day. Mary called him the next afternoon and

said she would sell the house if Jason provided $100,000 immediately and paid the remainder

when he took possession in one month. Jason agreed and transferred $100,000 to Mary that

day.

Two days later, Mary changed her mind and sent Jason a letter stating she would not give

him possession in a month, and that she could never sell her house for only $750,000.

To succeed in an action for breach of contract, Jason must first establish an enforceable

contract. Please assess the likelihood of Jason succeeding on this point.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Organizational Behaviour Concepts Controversies Applications

Authors: Nancy Langton, Stephen P. Robbins, Timothy A. Judge, Katherine Breward

6th Canadian Edition

132310317, 978-0132310314

Students also viewed these Law questions