Reference no: EM13831146

Harry and Tom Breach Contract

Tom spent his time away from work on his hobby, model trains. His train set was very large and consisted of rare and one-of-a-kind trains. One day, while visiting with Harry, a fellow train hobbyist, Tom said, When I retire in two years from Grocery, I'm going to sell my trains and spend the rest of my years traveling on real trains? Tom then told Harry that he was the only person he planned to offer his trains to because he knew Harry would care for them. Harry said he looked forward to the day when he could buy the trains. Harry then spent the next two years and most of his savings building a new 2,000 sq. ft. room onto his house to make room for the trains. When Harry told Tom that he was building the new room, Tom just smiled. Tom also heard that Harry had borrowed money from his aunt to buy the trains. When Tom retired, he sold his trains to another friend named David. Harry sued Tom claiming breach of contract, or in the alternative, for promissory estoppel.