Reference no: EM131570394

1. Neelan agreed orally with Anthony to sell Anthony a house for $100,000. Anthony sent Neelan a signed agreement and a down payment of $10,000. Neelan did not sign the agreement but allowed Anthony to move into the house. Before closing, Neelan refused to go through with the sale. Anthony sued Neelan to compel specific performance. Under the provisions of the Statute of Fraud, EXPLAIN who will win the law suit and why?

a. What law applies to this scenario? The statue of fraud applies

b. What Chapter is the Law/Rule in?

c. Explain who will win the law suit and why?

2. Nigel and Frank entered into a contract in which Nigel was obligated to deliver certain goods to Frank by September 10. On September 3, Nigel told Frank that Nigel had no intention of delivering the goods required by the contract prior to September 10. What can Frank do under these circumstances?

a. What law applies to this scenario?

b. What Chapter is the Law/Rule in?

c. Explain what Frank can do under the circumstances?

3. On May 2, Mason orally contracted with Sears Appliances to buy $480 stove and microwave for household use. Mason and the Sears sales person agree that deliver would be made on July 2. ON May 5, Mason called Sears and requested that the deliver be moved to June 2. The Sears salesperson agreed with the request. On June 2, Sears failed to deliver the stove and microwave to Mason because of an inventory shortage. Sears advised Mason that it would deliver the appliances on July 2 as originally agreed. Mason believes that Sears has breached its agreement with Mason. Sears contends that its agreement to deliver on June 2 was not binding. Sears's contention is

a. What law applies to this scenario?

b. What Chapter is the Law/Rule in?

c. Explain whether Sear's is correct in what they contend and explain why or why not?