blaw
Smith will win because Smith made a down payment and took possession - ✔✔1.
Jones agreed orally with Smith to sell Smith a house for $200,000. Smith sent Jones a
signed agreement and a down payment of $20,000. Jones did not sign the agreement,
but allowed Smith to move into the house. Before closing, Jones refused to go through
with the sale. Smith sued Jones to compel specific performance under the provisions of
the statute of frauds.
Thrifty's promise could be enforced as a charitable subscription, even though it was a
gratuitous promise. - ✔✔Thrifty promised to donate $500 to his favorite charity, the
Irwin Home for Impoverished Lawyers. In reliance on Thrifty's pledge, The Home
immediately ordered some badly needed three-piece-suits for some of its inmates.
Thrifty later changed his mind and refused to make the donation
No contract was formed because Fine received Moss' acceptance after April 4. -
✔✔On April 1, Fine Corp. faxed Moss an offer to purchase Moss' warehouse for
$500,000. The offer stated that it would remain open only until April 4 and that
acceptance must be received to be effective. Moss sent an acceptance on April 4 by
overnight mail and Fine received it on April 5. Which of the following statements is
100%
correct?
Price involved - ✔✔Carson Corp., a retail chain, asked Alto Construction to fix a
broken window at one of Carson's stores. Alto offered to make the repairs within 3 days
at a price to be agreed on after the work was completed. A contract based on Alto's
offer would fail because of indefiniteness as to the
Drakes response is mere inquiry; therefore, the $300,000 offer by Calistoga is still in
force. - ✔✔Calistoga offers to sell her home to Drake for $300,000. Drake asks her if
she would accept $250,000. Which of the following is true?
Advertisement was not an offer - ✔✔On September 10, Harris Inc., a new car dealer,
placed a newspaper advertisement stating that Harris would sell 10 cars at its
showroom for a special discount only on September 12, 13, and 14. On September 12,
King called Harris and expressed an interest in buying on of the advertised cars. King
was told that five of the cars had been sold and to come to the showroom as soon as
possible. On September 13, Harris made a televised announcement that the sale
would end at 10:00 p.m. that night. King went to Harris' showroom on September 14
and demanded the right to buy a car at the special discount. Harris had sold the 10
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