Answered step by step
Verified Expert Solution
Question
1 Approved Answer
THE QUESTIONS INTELLIGENTLY: 1. In 2000, El Cid bound himself to sell to Wilson a house and lot which is being rented by another person,
THE QUESTIONS INTELLIGENTLY: 1. In 2000, El Cid bound himself to sell to Wilson a house and lot which is being rented by another person, if Wilson passed the 2020 CPA Board Examinations. Luckily, Wilson passed the said examination. a) Supposed El Cid had sold the same house and lot to another before Wilson passed the 2000 CPA Board Examinations, is such sale valid? Why? b) Assuming that it is Wilson who is entitled to buy said house and lot, is he entitled to the rentals collected by El Cid before he passed the 2020 CPA Board Examinations? Why? 2. Cesar, a basketball star, was under contract for one year to play-for-play exclusively for Red Ball, Inc. However, even before the basketball season could open, he was offered a more attractive pay plus fringe benefits by White Ball, Inc. Cesar accepted the offer and transferred to White Ball, Inc. Red Ball sues Cesar and White Ball for breach of contract. Defendants claim that the restriction to play for Red Ball alone is void, hence, unenforceable, as it constitutes an undue interference with the right of Cesar to enter into contracts and impairment of his freedom to play and enjoy basketball. a) Can Cesar be bound by the contract he entered into with Red Ball, Inc. Or can he disregard the same? Is he liable at all? b) How about White Ball, Inc.? Is it liable? Explain
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