Peter hires Alice as an agent to sell a piece of property he owns and tells her that the price has to be at least $30,000. As Alice investigates the market, she realizes that the current market value of the property is probably $45,000 and the value will probably be even higher once the details of new shopping center are announced to the public. Alice forms a Partnership with her cousin Bob and prepares a sales contract for the sale

The Partnership because they ad a binding bi-lateral agreement.
		The Partnership because the sales price was higher than the minimum price approved by Peter.
		Peter because Alice was his agent and as such she had a duty to act only in Peter's best interest and to inform him of information that could be relevant to the sale of the property.
		Peter because a contract for the sale of and is not binding until the Closing Date.