Writing to bind her to a real estate agreement

Assignment Help Operation Management

Reference no: EM131269373

Jon Cady hired Telifair Reality to find a buyer for his house. On July 8, an offer to purchase was presented to Jon Cady. This offer was signed "Reta May Johnson by Jared Johnson, son" as purchaser. After studying the offer, Jon Cady accepted it; closing was scheduled for August 25. On that date, the purchaser did not appear. Reta May Johnson notified the the sellar and the real estate agent that she did not intend to complete the transaction. She requested that her earnest money be refunded since she was not bound to the sales contract. She argued that her son was not authorized in writing to bind her to a real estate agreement. Jon Cady and Telfair Reality sued to recover their respective damages resulting from this breach of contract. Was Mrs.Johnson liable for a breach of Contract? Explain

Reference no: EM131269373

Questions Cloud

Find information on registering to vote : Who is the President? Who is the Vice President? Who are the Justices of the Supreme Court? Who are your two (2) United States Senators? If you wanted to write them a letter where would you send it? -or- If you wanted to write them an email what addr..

The vision of values that drive project-motivate engagement : Stories can sustain the vision of values that drive a project, motivate engagement and celebrate accomplishments so it is worth looking at some of the best. Find a video that describes a success story in an organization. What was the biggest obstacle..

Daily production schedule that will maximize company profit : A company manufactures cars and trucks. Each vehicle must be processed in the paint shop and body assembly shop. If the paint shop were only painting trucks then 40 per day could be painted. Formulate the problem to determine a daily production sched..

Orders directly to pedestrian for the larger compensation : Pedestrian shoe Company hired Angela, age sixteen, to work during the summer. Angela was to solicit orders from shoe stores in her home town to buy shoes wholesale from Pedestrian. Pedestrian agreed to pay Angela $1.00 for each pair of shoes ordered ..

Writing to bind her to a real estate agreement : Jon Cady hired Telifair Reality to find a buyer for his house. On July 8, an offer to purchase was presented to Jon Cady. This offer was signed "Reta May Johnson by Jared Johnson, son" as purchaser. After studying the offer, Jon Cady accepted it; She..

Assume that the customer service champion : Analyzing a Taco Bell Restaurant The following scenario was written by a reporter who became a Taco Bell worker for a few hours to experience what it's like to work in the drive-thru window at one of the most high-tech, quick-serve restaurant chains ..

Examples of multi criteria decision analysis processes : Find three examples of Multi Criteria Decision Analysis processes used in every day decision problems that are reported in the media. - Summarize the decision for which it is being used - What are the alternatives - What are the Criteria - What are t..

Problem of production scheduling that minimizes total cost : San Diego Boats (SDB) must determine how many sailboats should be produced during each of the next four quarters (one quarter = three months). Use LP to formulate the problem of production scheduling that minimizes total cost. Solve the problem in Ex..

When attitudes and behavior are inconsistent : Describes the discomfort a person feels when attitudes and behavior are inconsistent.

User Account

All Pages