What are kanyes rights against all parties

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Reference no: EM131292277

Kanye and Kim were to become engaged on Valentine’s Day. Kanye did not have the $250,000. (huge rock!) needed to purchase the engagement ring. Therefore, Kanye agreed to purchase the ring from the Dewey Cheetum Jewelers by making five monthly payment of $50,000. to the Beverley Hills jewelers who agreed to set aside the ring and deliver it to Kanye after final payment was made by Kanye. However, Cheetum experienced cash flow difficulties and sold the ring to another customer, Chris Brown, hoping to replace the ring before Kanye came to pick it up. After final payment, Kanye came to pick up the ring and discovered that Dewey Cheetum Jewelers was closed-permanently and Cheetum had skipped town. As Kanye’s legal counsel your investigation discovers who purchased Kanye’s ring and that the purchaser, Chris Brown, was Cheetum’s brother-in-law and had paid $150,000. for the diamond ring. What are Kanye’s rights against all parties. Explain in detail.

Reference no: EM131292277

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