Question
Nichols is the principal owner of Samuel Nichols, Inc., a real estate firm.Nichols signed an exclusive brokerage agreement with Molway to find a purchaser for
Nichols is the principal owner of Samuel Nichols, Inc., a real estate firm.Nichols signed an exclusive brokerage agreement with Molway to find a purchaser for Molway's property within ninety days.This type of agreement entitles the broker to a commission if the property is sold to any purchaser to whom it is shown during the ninety-day period.Molway tried to cancel the brokerage agreement before the ninety-day term had expired.Nichols had already advertised the property, put up a "for sale" sign, and shown the property to prospective buyers.Molway claimed that the brokerage contract was unilateral and that she could cancel at any time before Nichols found a buyer.Nichols claimed that the contract was bilateral and that Molway's cancellation breached the contract.Discuss who should prevail at trial IRAC Method Thank you
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