Michael Hyde owes $25,000 to Cady Haley which is due on February 1. On January 8th, Hyde offers Haley his 2018 Subaru Crosstrek instead of the $25,000 he owes. Haley indicates that she will agree as long as Hyde transfers the title of the car to her by January 31st. Unfortunately, Hyde does not transfer the title to the car in January, so Haley sues him for the $25,000. Hyde claims that contract was discharged. What is the outcome?

Answer rating: 100% (QA)

Answer In this scenario the outcome will depend on whether the agreement between Michael Hyde and Cady Haley constituted a valid and enforceable contr... View the full answer