Explain whether the bradshaws can get specific performance

Assignment Help Business Law and Ethics
Reference no: EM131389419

Aretta J. Parkinson owned a two-hundred-acre farm in a state that requires written authority for an agent to sell land. Prior to her death on December 23, Parkinson deeded a oneeighth undivided interest in the farm to each of her eight children as tenants in common. On January 15 of the following year, one of the daughters, Roma Funk, approached Barbara Bradshaw about selling the Parkinson farm to the Bradshaws. They orally agreed to a selling price of $800,000.

After this meeting, Funk contacted Bryant Hansen, a real estate broker, to assist her in completing the transaction. Hansen prepared an earnest money agreement that was signed by the Bradshaws but by none of the Parkinson children. Hansen also prepared warranty deeds, which were signed by three of the children. Several of the children subsequently refused to convey their interests in the farm to the Bradshaws.

Explain whether the Bradshaws can get specific performance of the oral contract of sale, based on the defendants' ratification of the oral contract by their knowledge of and failure to repudiate it.

Reference no: EM131389419

Questions Cloud

Consider monopoly with production function : Consider a monopoly with a production function given by q = f(x) = √x and a fixed cost of $1. The input price is $0.50. The monopolist sells her product in a market that has ten consumers. Let p denote the unit price of the good. Find the profit-maxi..
Explain who is liable in given contention : Austen sued Sherwood and-under the doctrine of respondeat superior-Sherwood's employer, the Mississippi Press Register. Who is liable? Explain.
Why those not chosen were not a good fit for your company : Determine which of the costing systems discussed in this class will work best for your company. Explain why. Explain why those not chosen were not a good fit for your company.
Compares contract and proprietary security for the chosen : Write a paper that compares contract and proprietary security for the chosen organization. In your comparison, do the following: Determine which security would be most appropriate for your organization.Justify your choice by identifying strengths..
Explain whether the bradshaws can get specific performance : Explain whether the Bradshaws can get specific performance of the oral contract of sale, based on the defendants' ratification of the oral contract by their knowledge of and failure to repudiate it.
Research a local pollution issue : Nearly every municipality in the United States has some pollution problems and controversies. Research a local pollution issue and apply the problemsolving techniques discussed in this book to determine what you think is the ethical solution to th..
Explain who is liable in given contention : Clover sued Zulliger and, under the doctrine of respondeat superior, Snowbird, claiming that Zulliger had been acting within the scope of his employment. Who is liable? Explain.
Explain whether rosenberg is liable on the contract : Costas claimed that Rosenberg signed for an undisclosed principal and, therefore, was individually liable. Explain whether Rosenberg is liable on the contract.
Did gm take the most ethical approach : Research the developments in this technology and see if GM approached the introduction of this technology in the same way that GE approached the introduction of the sealed beam headlight. Did GM take the most ethical approach?

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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