Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The buyer of real estate made a down payment. The contract stated that the buyer would be lia-ble for damages in an amount equal to

The buyer of real estate made a down payment. The contract stated that the buyer would be lia-ble for damages in an amount equal to the down payment if the buyer broke the contract. The buyer refused to go through with the contract and demanded his down payment back. The seller refused to return it and claimed that he was

entitled to additional damages from the buyer because the damages that he had suffered were more than the amount of the down payment. Decide. [Waters v. Key Colony East, Inc., 345 So. 2d 367 (Fla. App.)

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 A Critical Thinking Approach

Authors: Nancy K. Kubasek, Bartley A. Brennan, M. Neil Browne

8th edition

134074033, 978-0134074030

More Books

Students also viewed these Law questions

Question

Self-confidence

Answered: 1 week ago

Question

The number of people commenting on the statement

Answered: 1 week ago