Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kellie and Richard were at their company's Christmas party. Richard had a considerable amount to drink. As they spoke with each other, Richard offered to

Kellie and Richard were at their company's Christmas party. Richard had a considerable

amount to drink. As they spoke with each other, Richard offered to sell Kellie his Porsche

car for only $10,000. Kellie made sure to have Richard sign a written agreement to that

effect. The next day, Kellie went to pick up the car, but Richard didn't remember

anything about it, even when Kellie showed him the written agreement. Richard told

Kellie he would let Kellie take the car for $20,000. Kellie agreed, and gave Richard the

$10,000 with a promise to pay the remaining $10,000 in a month. Kellie never paid the

additional $10,000.

Please assess Kellie's risk of liability for breach of contract.

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

Elliott And Quinns Tort Law

Authors: Frances Quinn

12th Edition

1292251441, 978-1292251448

More Books

Students also viewed these Law questions

Question

2. I try to be as logical as possible

Answered: 1 week ago