Question
Tom promises to sell a house to Lenny for $200,000, with $10,000 down payment, $2,000 per month for 2 years, then the balance will be
Tom promises to sell a house to Lenny for $200,000, with $10,000 down payment, $2,000 per month for 2 years, then the balance will be paid. Lenny pays Tom the down payment and receives the keys to the house. Lenny makes his monthly payments, remodels the house, and improves the landscaping,During the 2 years, the house increases in value and Tom decides to sell the house to somebody else, contending he never signed anything.
A.Tom may sell the house to somebody else because he never signed an agreement with Lenny.
B.Tom may sell the house to somebody else because he is the owner.
C.Tom may sell the house because he made a mistake as its futurevalue.
D.Tom must sell the house to Lenny because Lenny has partially performed the oral contract, has relied on Tom's promise to his detriment, and the need for a writing is excused.
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