User Account

All Pages

Discuss the elements of a contract are satisfied in case

Assignment Help Other Subject
Reference no: EM132205411

Assignment - Johnny, a neighbor who is not a merchant under the Uniform Commercial Code, offers to buy a car from Mark for $30,000. Mark asks Johnny for some time to think about it. Johnny says sure. He writes on a piece of paper that he will keep the offer open for two weeks.

A week later Johnny sees another car he would rather buy. He purchases that, and then he tells Mark that he is revoking his offer.

Two days after that Mark said: "I'm sorry Johnny you made an offer in writing to buy my car. I'm going to hold you to that."

Johnny replied: "Sorry I cannot do that. But I will promise to pay you $10,000 for the help you gave me last year around the house." Somewhat mollified Mark accepts.

A week later and Johnny decided to renege on that promise as well.

Fed up, Mark sued Johnny for breach of contract on both the promise to buy the car and the promise for the $10,000.

Discuss whether the elements of a contract are satisfied in this case.

Reference no: EM132205411

Questions Cloud

List the skills you developed through your work experience : List the skills you developed through your work experience that are transferable to this position.
How changes within organization affect the om strategy : Identify how changes within an organization affect the OM strategy for a company.
Differences between health system and health delivery system : Discuss differences between health systems and health delivery systems. Is the typology of political economies in industrialized countries convincing?
Because this union creates some difficult tax decisions : Corin and Lance have decided to get married. Because this union creates some difficult tax decisions, the couple is carefully considering their options.
Discuss the elements of a contract are satisfied in case : A week later and Johnny decided to renege on that promise as well. Discuss whether the elements of a contract are satisfied in this case
What steps can you take that will improve your qualification : If you have a year left prior to graduation, what steps can you take that will improve your qualifications for this position or a similar one?
Self-awareness and self swot analysis : Explain how subsidies work for low income individuals under health care reform. Self-awareness and self SWOT analysis.
Evaluate the company human resources risks : MGT652 Leveraging the work completed in the Individual Assignment for Units 1-3, identify and evaluate the company's human resources risks and opportunities.
Why an mnc may invest funds in a financial market outside : Global Financial Management - Explain why an MNC may invest funds in a financial market outside its own country

Reviews

len2205411

1/1/2019 8:27:30 PM

The requirements below must be met for your paper to be accepted and graded: Write between 500 - 750 words (approximately 2 - 3 pages) using Microsoft Word. Attempt APA style, see example below. Use font size 12 and 1" margins. Include cover page and reference page. At least 60% of your paper must be original content/writing. No more than 40% of your content/information may come from references. Use at least two references from outside the course material, preferably from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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