Question
Scenario: RobibMotor Company (Robib), an automobile dealership that sold new cars, leased premises from certain landlords. One day, fire destroyed part of the leased premises,
Scenario:RobibMotor Company (Robib), an automobile dealership that sold new cars, leased premises from certain landlords. One day, fire destroyed part of the leased premises, andRobibrestored the leasehold premises. The landlords received payment of insurance proceeds for the fire.Robibsued the landlords to recover the insurance proceeds. Ten days before the trial was to begin, the defendants jointly served onRobiba document titled "Offer to Compromise Before Trial," which was a settlement offer of $190,000.Robibagreed to the amount of the settlement but made it contingent on the execution of a new lease. The next day, the defendants notified Robibthat they were revoking the settlement offer.Robibthereafter tried to accept the original settlement offer.
Questions:
- Has there been a settlement of the lawsuit? Explain.
- Was there a valid offer and acceptance?Support your answer with information from the learning materials.
- What is your opinion of what the defendants did? What is your opinion of what Robibdid?
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