Is penelope bound to convey the real estate

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Reference no: EM131748660

A. Penelope orally promises her daughter, Susan, that she will give her a tract of land for her home. Susan, as intended by Penelope, gives up her homestead and takes possession of the land. Susan lives there for six months and starts construction of a home. Is Penelope bound to convey the real estate?

B. Ethan, knowing that his son, Robert, desires to purchase a tract of land, promises to give him the $25,000 he needs for the purchase. Robert, relying on this promise, buys an option on the tract of land. Can Ethan rescind his promise?

1. Highlight the pertinent facts;

2. Identify the issue of law posed by the case problem;

3. What should be the decision in the case?

4. The reasoning for such decision.

Reference no: EM131748660

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