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Victor has a classic muscle car that he fixed up and has enjoyed drag racing. He parks the car on his front yard with a
Victor has a classic muscle car that he fixed up and has enjoyed drag racing. He parks the car on his front yard with a large sign on the windshield that says "Cherry of a classic Car, For Sale $4900 or best offer. Gloria drives by and sees the car and believes it is worth more than the asking price, so she takes her business card and on the back writes, "I will pay you $5500 cash for your classic car ". She signs her name, dates it, including the time, and slips the card into the windshield of the car under the wiper blade. After an hour Victor returns but couldn't see Gloria's card because he didn't walk around and look at the car. After some few minutes later, Levi Lord, Victor's buddy pulls into look at the car and offers to pay $5000 and Victor accepts it. The two men shake hands on the deal Victor goes in the house to get the car title while Levi writes out a check of $5000 to Victor. Victor comes out with the title in his hands. As Levi starts to hand him the check, Gloria pulls up. She has an envelope of $5500 cash for the car. Victor says Gloria sorry but I have just sold the car to Levi. Gloria objects says she already offered $5500 earlier. Identify the contract issues you see here Applying common law principles of contract, who gets the car, if anyone, and for how much. Explain your reasoning using the definitions and principles of contract. In terms of making an offer, what is the legal significance of Jack Bucks worthy's statement, "only if the engine starts
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