Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Patricia instructs her agent Ellie to purchase a fur coat for no more than $25000 and, as she wishes to remain anonymous, requests that Ellie

Patricia instructs her agent Ellie to purchase a fur coat for no more than $25000 and, as she wishes to remain anonymous, requests that Ellie not to disclose Patricia identity. Fiona refuses to sell her fur coat for less than $30000 and Ellie, realizing the potential value of fur coat, agrees to pay $30000 believing that Patricia will consent on learning of the circumstances. Ellie signs all documentation on her own name and pay the deposit. However, Patricia refuses to accept the contract entered into by Ellie. Can Fiona enforce the contract against Patricia and or Ellie?

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

The Legal Environment of Business Text and Cases

Authors: Frank B. Cross, Roger LeRoy Miller

10th edition

1305967305, 978-1337516051, 1337516058, 978-1305967304

More Books

Students also viewed these Law questions

Question

An improvement in the exchange of information in negotiations.

Answered: 1 week ago

Question

1. Effort is important.

Answered: 1 week ago