Elements of the contract including offer and acceptance

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John owned some land on which he intended to build a shopping center. John promised Tiffany the opportunity to one of the shopping center tenants at terms "at least equal to that of any other major department store in the center" if Tiffany would help persuade the local zoning authorities to allow the shopping center construction. Due to Tiffany's solicitation, the zoning authority granted the construction permits. However, Tom refused to give Tiffany a lease. Tiffany sued for breach of contract.

Examine the case and describe the elements of the contract including the offer, acceptance, and consideration. Include a discussion of whether the contract falls under the U.C.C. or is subject to the state's statute of fraud. Describe the breach of the contract. What kinds of remedies are available to a court in this case (specific performance, damages, injunction, and so on)? Describe which is the most appropriate in your opinion given the facts of the case.

Reference no: EM133458627

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