Equitable remedies, Sam orally agrees to pay Lorena to

Equitable remedies

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Reference no: EM13901940

EQUITABLE REMEDIES

Question 1- Sam orally agrees to pay Lorena to plant and harvest a quarter of Sam’s farm acreage for four soybean seasons. After Lorena prepares the land and plants the first crop, Sam says that their deal is off. Can Lorena recover? Using what theory? Explain fully.

ASSIGNMENT

Question 2 - Paula borrows $5,000 from Quality Auto Sales to buy a car. When Paula does not pay the loan or return the car, Quality wants to transfers the right to the payment to Rapid Collection Agency. Rapid agrees to pay Quality for this right, but for a price that is less than the amount owed. Can Quality transfer this right to Rapid without Paula’s consent? If so, and Quality committed fraud in the deal with Paula, could Paula legitimately refuse to pay Rapid? Explain.

Reference no: EM13901940

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