Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On September 1, Travis and Kylie enter into an oral agreement under which Travis agrees to sell his house, in the Bronx, to Kylie for

  1. On September 1, Travis and Kylie enter into an oral agreement under which Travis agrees to sell his house, in the Bronx, to Kylie for $450,000. They agree to a September 15 closing date. On September 2, Kylie makes a down payment of $45,000, which Travis accepts. On September 12, Travis informs Kylie that he has changed his mind and is no longer interested in selling his house. Travis offers to return the $45,000 down payment.

Kylie sues Travis for breach of contract. Travis pleads the Statute of Frauds as a defense, stating that the agreement had to be in writing to be enforceable.

What judgment? Explain fully.

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

Legal Environment Of Business Online Commerce Ethics And Global Issues

Authors: Henry R. Cheeseman

8th Edition

013397331X, 978-0133973310

More Books

Students also viewed these Law questions

Question

What accounts for Andys success in the restaurant business??

Answered: 1 week ago

Question

Context, i.e. the context of the information presented and received

Answered: 1 week ago