Answered step by step
Verified Expert Solution
Question
1 Approved Answer
SELECT ONE OPTION Victor orally agreed to sell farm to Pam for $100,000 cash. There was no written contract, but Pam gave Victor a check
SELECT ONE OPTION
Victor orally agreed to sell farm to Pam for $100,000 cash. There was no written contract, but Pam gave Victor a check for $1,000, on which is written, "Earnest money toward sale of Victor's farm in Placer County, California for $100,000." Victor endorsed the check and deposited it in the bank. If Victor refuses to complete the agreement, can Pam successfully sue for specific performance?
- No, the contract does not specifically identify the property, other than "Victor's farm."
- No, the contract is for the sale of land and it is oral, not written as required by the Statute of Frauds.
- Yes, the contract is enforceable under the Statute of Frauds.
- Yes, the contract is enforceable under the Part Performance doctrine.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started