Question
Khatun, the owner of Oceanside Digital Media, a company that collects, converts and sells vinyl records into digital formats, sent the following signed letter to
Khatun, the owner of Oceanside Digital Media, a company that collects, converts and sells vinyl records into digital formats, sent the following signed letter to Lebrun, on May 5: "I recently came into possession of the one of a kind, original vinyl master recording of Run DMC's first album, Run-DMCI know that you are a collector of vintage rap music, so I thought you might be interested. I will sell the Run-DMC album to you for $500,000. This is a firm offer that will be open until May 20 and will not be withdrawn before that date." Lebrun received the offer on May 8.
On May 10, Khatun changed her mind and decided she did not want to sell the album. Khatun sent a letter to Lebrun, which was received on May 12, in which Khatun stated that she was withdrawing his offer.
On May 15, Lebrun sent a letter to Khatun, accepting the offer.Due to a terrible storm, Khatun did not receive the letter until May 18.When Lebrun went to Oceanside Digital Media on May 19 to pay for the album and take possession, Khatun said there was no contract and refused to take payment or give the album to Lebrun.
a. In an action by Lebrun against Khatun for breach of contract, judgment for whom (in other words, who will win the case?) Explain. b. Assume that Lebrun wins the breach of contract action.If Lebrun wants the album rather than damages, what remedy should he ask for? Explain.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started