Explain the argument of the state supreme court

Assignment Help Management Theories
Reference no: EM131675222

Question: A seller agreed to give a buyer the fi rst right to purchase the remainder of her property if she chose to sell it. When the seller died, the buyer fi led suit against the estate, seeking the option to purchase. The two parties entered into a settlement agreement that was disapproved by the probate court. After the probate court's disapproval, the parties continued to attempt to negotiate a sale. They then entered into a second settlement agreement that was never signed. The buyer took possession of the keys and property. The buyer then attempted to renegotiate a lower price. The estate fi led suit to compel specifi c performance, and the district court granted the estate's request.

The buyer challenged the order of the district court, which enforced an oral settlement agreement requiring the buyer to purchase the real estate, on the grounds that the statute of frauds precluded the enforcement of agreements that were not in writing or signed by both parties. On appeal, the court applied the doctrine of partial performance to its decision, stating that the doctrine of partial performance took the agreement outside the statute of frauds because the estate tendered possession of the property and the buyer took and retained possession, used the property, and never denied that the parties had reached an agreement. The court affirmed the district court's ruling. Do you agree with the argument of the appellate buyer or the argument of the state supreme court? Why?

Reference no: EM131675222

Questions Cloud

Types of capital small businesses require : Explain the differences in the three types of capital (financial sources) small businesses require: bank, nonbank, and governmental.
What effect does the parol evidence rule on admissibility : Mitchell sued the Laths for breach of contract. What effect does the parol evidence rule have on the admissibility of the oral agreement to remove.
Discuss the difficulties in employing hermeneutics : Discuss the difficulties in employing hermeneutics as a scientific tool. Is this approach to interpreting text and action too vague and subjective
How is the unemployment rate calculated : How is the unemployment rate calculated? What are the three conditions someone needs to meet to be counted as unemployed?
Explain the argument of the state supreme court : The court affirmed the district court's ruling. Do you agree with the argument of the appellate buyer or the argument of the state supreme court? Why?
Present environmental and social impacts : Present environmental and social impacts. Meat grown in factories from stem cells technology systems. Consultant report which means I need two files, outline.
Key inputs to the decision analysis process include : Key inputs to the Decision Analysis Process include. Traceability, from the perspective of the Requirements Management Process, encompasses:
Why is gdp an imperfect measure of economic wellbeing : Why is GDP an imperfect measure of economic wellbeing? What types of production does GDP not measure?
What does backwards design mean : What are the most important elements of effective lesson design? Why are good learning objectives critical to planning effective instruction?

Reviews

Write a Review

Management Theories Questions & Answers

  How does the correctional subculture deter whistle blowing

If you were being punished for a crime, would you rather receive 1 year in prison or 50 lashes? Why does the United States not use corporal punishment.

  Who was responsible for the loss in given case study

Crump bought a TV antenna and tower from Lair for $900, payable in monthly installments of $7.50. The set was installed and Lair agreed to maintain it.

  Why is it important for business to understand globalization

OUR CHANGING WORLD: GLOBALIZATION OF THE WORLD'S BUSINESS15 Of the 100 largest economies in the world, 53 percent are multinational corporations, the other.

  Perfect phrases for new hires meeting stakeholders

Perfect Phrases for New Hires Meeting Stakeholders

  Pass to comply with the four-fifths rule

What percentage of the women would need to pass to comply with the four-fifths rule

  The manufacturing plants is facing a dilemma

The manufacturing plants is facing a dilemma

  How does the manager undertakes the activity

Concepts in organisational, group and individual behaviour and use of these to examine organisation management.

  Describe organization structure

Describe this organization's structure. Create a hypothetical job description and job specification for this company to utilize during the hiring process. (Imagine there is a vacant entry-level management position that needs to be filled.)

  What are the rights of the parties

The machines cannot readily be resold for a reasonable price because they are a special kind used only in Terry's manufacturing processes. Robert sues Terry to recover the agreed price of the machines. What are the rights of the parties?

  Discuss the given claim and suggest solution

Healthcare was pro claimed to be the most complex industry. Discuss this claim and whether you agree or disagree. Support your position with appropriate.

  Cultural differences between canada and japan

Analyzing the cultural differences between Canada and Japan and how those differences are contributing to the communication impasse described in the exercise.

  Importance of reputation management

Importance of Reputation Management - Write a paper that traces the history and development of PR in the United States. Pay special attention to each of the distinct stages

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