BUSINESS LAW (LOOSE)-W/ACCESS >CUSTOM<
16th Edition
ISBN: 9781305768697
Author: Mann
Publisher: Cengage Learning
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Chapter 12, Problem 18CP
Summary Introduction
To determine: Whether person C prevail and the decision.
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Client Claire explicitly instructed Agent Jamie not
to present her with any offers for her home that
came in lower than $150,000. In the days after
that conversation, three offers were made: one
for $152,000, one for $160,000, and one for
$145,000.
Which of these offers should Agent Jamie
present to Client Claire?
only the $160,000 offer
the $145,000 offer and the $152,000 offer
the $152,000 offer and the $160,000 offer
All of then
Facts: On February 1, 2004, Buyer entered into a contract to buy Seller’s house in Las Vegas for $532,500 with a March closing date. On February 3, 2004 Seller notified Buyer that he was terminating the contract (without any legal basis for taking such action). The Seller then told Buyer that he would sell him the house for a higher price. On February 3, 2004, Buyer and Seller entered into a new contract for a price of $578,000. On February 16, 2004, the Seller refused to perform under the contract. The Buyer sued seeking to enforce the contract.
Question: Under the common law of contracts, is the modification to the original contract enforceable?
Deliverable: Write a clear, grammatically correct answer being sure to address the following points in your answer:
Provide a clear statement of the governing legal principle (also called a ‘black letter law’). The ‘governing legal principle’ in any case is the legal principle that is the key to completing the legal analysis of the problem…
BUSINESS LAW
BUSS2422
Akram posted the offer letter on 2 October 2020 to Salam to sell his Honda City for RM50 000 to be accepted by 10
October 2020. On 4 October 2020 Akram posted another letter to revoke his proposal. The revocation letter reached
Salam on 9 October 2020. On 8 October 2020, Salam posted his acceptance letter accepting the proposal.
Based on the facts above:
(a) Advise Salam as to his legal rights against Akram in relation to the agreement.
(b)
Explain if your answer would be different if Salam posted the letter of acceptance after the letter of revocation
reached him.
Support your answer with relevant statutory provisions of the Contracts Act 1950 and decided cases.
Format:
Times New Roman 12
1% spacing
Front cover - Standard Format
Number of pages - Minimum 3 pages, maximum 5 pages
Chapter 12 Solutions
BUSINESS LAW (LOOSE)-W/ACCESS >CUSTOM<
Ch. 12 - Prob. 1COCh. 12 - Prob. 2COCh. 12 - Prob. 3COCh. 12 - Prob. 4COCh. 12 - Prob. 5COCh. 12 - Prob. 1QCh. 12 - Prob. 2QCh. 12 - Prob. 3QCh. 12 - Prob. 4QCh. 12 - Prob. 5Q
Ch. 12 - Prob. 6QCh. 12 - Prob. 7QCh. 12 - Prob. 8QCh. 12 - Prob. 9QCh. 12 - Prob. 10QCh. 12 - Prob. 11QCh. 12 - Prob. 12CPCh. 12 - Prob. 13CPCh. 12 - Prob. 14CPCh. 12 - Prob. 15CPCh. 12 - Prob. 16CPCh. 12 - Prob. 17CPCh. 12 - Prob. 18CPCh. 12 - Prob. 19CPCh. 12 - Prob. 20CPCh. 12 - Prob. 1TSCh. 12 - Prob. 2TSCh. 12 - Prob. 3TS
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