Discuss claiming jones had breached their oral contract

Assignment Help Other Subject
Reference no: EM131627474

1) IGA Grocers orally agreed to purchase 1000 bushels of corn for $1.25 per bushel from Jones, a farmer. IGA paid $125 down and agreed to pay the remainder of the purchase price on delivery, which was scheduled for one week later. When IGA tendered the balance of $1,125 on the scheduled day of delivery and requested the corn, Jones refused to deliver it. IGA sues Jones for damages, claiming Jones had breached their oral contract. Can IGA recover? If so, to what extent?

2) Andrew inherited 500 acres of land in rural West Virginia from his father. This property, called the "Stonebreaker Farm," is heavily wooded, includes some pastures, mountainous terrain, a large fishing pond, a natural spring, and a series of logging roads for when portions of the property have been timbered over the years. Two cabins exist on the Stonebreaker Farm; one cabin is on the lower pasture and another cabin is on the upper mountain. The property has been primarily used seasonally for hunting, fishing, and weekend family excursions to ride four-wheelers through the logging roads and hillsides. No one lives permanently on the property. Chet lives on and owns 75 acres adjacent to the southeast border of the Stonebreaker Farm. Chet has never gotten along with Andrew or his father. In 2005, Chet asked Andrew if Andrew would consider selling Chet the 10 acres of the Stonebreaker Farm that bordered Chet's property, but Andrew declined because he believed large trophy-quality deer roam that portion of the property and he wanted to keep the property to hunt there. In his will, Andrew has planned to leave the 500 acres of the Stonebreaker Farm to his son, Garrett, and wants the property to be kept in the family. 

Chet grows and produces ginseng, a very lucrative and rare crop that requires very specific growing conditions. Chet knows that the 10 acres of the Stonebreaker Farm adjacent to his property would be perfect for cultivating high-quality expensive organic ginseng. This 10 acres is made up of a large east-facing hillside with dense forest of deep-rooted trees and a canopy of shade, making it ideal for gingseng cultivation. The 10 acres is also hidden from public view, not near any of the logging roads, and difficult for Andrew to access given its densely wooded and hilly terrain. Chet has never seen Andrew or his family on this 10 acres, but he has seen several large trophy-quality deer on the property. In 2009, Chet decided to start growing a large crop of ginseng on the 10 acres and built multiple raised beds to start the wild-simulation method, which takes roughly 8 years for the gingseng to mature. Now, in 2017, Chet thinks his crop is ready to harvest for over $100,000 in profit. However, he needs a permit from the state of WV to sell the organic ginseng. Chet called the local extension office to obtain the permit. Chet filled out a form stating he owned the property on which the ginseng was grown. A month later, Andrew discovered the crop while walking the property and confronted Chet. Andrew has filed a lawsuit against Chet for trespassing and Chet wants to file a counterclaim against Andrew for adverse possession. In the litigation, you have been asked to value the ginseng crop. You are working with Chet's attorney to determine the overall strength of Chet's case and whether he can acquire title to the land. Discuss the strengths and weaknesses of Chet's claim. Is Chet likely to succeed? Assume that WV follows the most common statutory requirements for adverse possession.

Reference no: EM131627474

Questions Cloud

Describe the capital gains income : Briefly describe each of the following strategies that trade current income for capital gains income.
Develop a conclusion as the last paragraphs of the essay : Develop a conclusion as the last paragraph(s) of the essay, starting with rephrasing your thesis statement and then presenting the major points of the topic.
Define what product or service is involved in each issue : What is the public interest in each situation that requires protection
How did the tax reform act affect the popularity of lps : How does a limited partnership (LP) differ from a corporation and a general partnership? How did the Tax Reform Act of 1986 affect the popularity of LPs as tax.
Discuss claiming jones had breached their oral contract : IGA Grocers orally agreed to purchase 1000 bushels of corn for $1.25 per bushel from Jones, a farmer.
Journalize the transactions in the general journal : Journalize the transactions in the general journal - Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly
What are guaranteed investment contracts : What are guaranteed investment contracts (GICs), and what role do they play in 401(k) plans? What investment vehicles might be suitable for funding a Keogh.
Discuss an analysis teaches you how to read a case : Case analyses are extremely helpful in that an analysis teaches you how to read a case
Describe darwins theory of evolution by natural selection : Describe Darwin's theory of evolution by natural selection. Explain how this theory was a major advance over prior ideas as to how organisms changed over time.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd