Facts Bernie lives in Richmond, VA. On February 1, he puts an ad in his local newspaper, advertising his 2006 Ford Fusion for sale for a $13,500 asking price. After waiting for a few weeks with no offers, on March 1, Vivian offers to purchase the vehicle from Berne for $12,500 for the car; but states she needs three weeks to raise the money. Bernie agrees to wait if Vivian will put down a deposit of $1,000. Vivian agrees and Bernie hastily drafts a one-page agreement as follows: Bernie agrees to sell his 2006 Ford Fusion to Vivian for $12,500 and Vivian agrees to purchase the same for such price. The transaction shall take place no later than March 31. In the event that the seller breaches this agreement, the seller must refund the purchaser 's deposit, but the parties shall be limited to this remedy and only this remedy. In the event that the buyer breaches this agreement, the seller may keep the buyer 's deposit, but the seller shall be limited to this remedy and only this remedy. Vivian reads and signs the agreement and gives Bernie a check for $1,000. However, two weeks later, Vivian realizes that she 's not going to come up with the $12,500 to pay for the car. So, on March 24, she calls Bernie to tell him that she 's pulling out of the deal. Bernie says, "Fine, but I 'm keeping the deposit in accordance with our agreement." Vivian sues for her $1,000 deposit back, claiming that there was no mutuality of consideration for the agreement and that the contract
In this case the total cost of a 100 “Ride-Along” mowers at $500 each so the total cost for 100 “Ride-Along” mowers would be $50,000. Additionally, in this case there is no evidence that the oral conversation that was conducted over the telephone was thereafter ever reduced to writing therefore remaining
Billy is attempting to claim the extra $20,000 and a share in the farm, which he believes he is entitled to. Choy, however, has calculated that the cost of Billy’s school and university fees amount to greater than the promised $20,000 and that the co-owner of the farm would not allow the transfer of a share in the farm.
However, Candace was very skilled and duplicitous during the negotiation. While at no point did Candace lie to me. She did make the full entirety of Absentia’s plans for the property. It was later revealed to me, after the formal negotiation, that Absentia planned to develop a high-rise hotel directly behind the Bullard House. This is completely unacceptable to my constituents, however, the deal was already agreed upon by the time I was informed. Candace used the questionable negotiation strategy of deception to ensure she received a favorable deal. She knowingly withheld information that would have impact the terms of our deal. For her, the deal was a success. However, I am left feeling mislead. When I would question her about the types of commercial development that her constitutes sought to pursue, she would make vague references to tasteful additions within the property. The lack of effective question is a failure of mine. I should have begun to ask probing questions, as Lewicki suggests, when I realized that she was not fully disclosing information. Instead I allowed the ambiguous answers to be the basis of my decision
Bernie lives in Richmond, VA and he decides on February 1 to advertise the sale of his 2006 Ford Fusion for $13,500 in the local newspaper. After several weeks and no offers he gets a call from Vivian on March 1st offering to purchase the car for $12,000. Bernie realizes he may not get any other offers and sets up to meet with Vivian on March 5th to complete the sale transaction.
Bernie’s decisions were not ethical through the entire incident. Since the beginning he should refuse to write up the report because it needed further investigations, and he needed to double check that the catalyst B were in fact better than the catalyst A. But, he rather say nothing and lie by writing a falsifying report. Then, he should have tell Alex the new information that he discovered, thus they could have avoid the further disaster that this occasioned with Alex superiors. At the end, Bernie should have speak up for himself because Alex was not been any ethical either by blaming Bernie for his decisions. All this could have been avoid by confronting Alex since the beginning and convincing him to wait for further results to confirm that
“After the commission, that puts an addi¬tional $9,400 in your pocket. But the agent’s additional share—her personal 1.5 percent of the
Due to his lack of a license, Artist commissions Chet to drive him everyday for 10 days to various places where blues music is played as long at it is within a 20 mile radius of Memphis. As compensation, Artist will pay Chet $475.00 per day plus expenses. While this agreement had the
We were dispatched to a pawn shop at 123 Main Street owned by Mr. Patty McRob. A female customer named Jessica was upset with a television set that she was sold on the previous Friday. Patty had a sign up in his store saying no refunds, well Jessica said Patty told her if it was not working and she returned it by Monday she could get refunded. Jessica paid fifty dollars for the television set. Patty wanted Jessica out of his store.
Nicholas and Jacob Sevcik’s below signature indicate that they will purchase this product for $299 (Immediate payment) and will take the responsibility of this product into their own hands. They agree to create a new list of sharing rules and ratify them within 5 days of the exchange.
After posting the advertisement, Lisa received two emailed responses to her advertisement. The first, from Mario offering to buy the piece for $225,000. The second offer was from Luigi, he offered to purchase the piece for $235,000. Lisa responded to both emails on September 2nd at 10:30, stating that her price is firm at $250,000 and that certified funds are required to buy the painting. On September 3rd at 9 a.m., Mario replied back and accepted her offer to sell the painting for $250,000 and that
We were dispatched to a pawn shop located at 123 Main Street owned by Mr. Patty McRob. A female customer named Jessica was upset with a television/vhs set that she was sold on the previous Friday. Patty had a sign up in his store saying no refunds, well Jessica said Patty told her if it was not working and she returned it by Monday she could get refunded. Jessica paid fifty dollars for the television/vhs set.
4. Deposit. Upon execution of this Agreement, Licensee shall pay to Sola the Deposit as security for Licensee's performance of Licensee's obligations hereunder. If Licensee fails to pay License Fees or otherwise defaults with respect to any provision of this Agreement, SOLA may use, apply or retain all or any portion of the Deposit for the payment of any License Fees or
The first Bernard asked me to buy it for $ 150. Alan did not agree to sell for 150 Causes his minimum price starting 200 dollars. Three Bernard, Charlene, Damian then gave Alan $ 200, and on the same day purchased textbooks and exercise books. But Alan only sells the original textbook to Bernard and he does not put any notes in the exercise book. All notes are written in textbooks. Bernard then purchases another new exercise book from the bookstore, copies all the notes in the textbook, exercises the book, and sells it to Damien.
The question in this problem is concerned with the element of the contract called agreement. With whom Brenda is bound: Claire, David, or Andrew? To answer, we have to look at each relation to see if Brenda have made more than one contract for her car and see whether she can be sued. The issues arising in the problem like invitation to treat, the status of a promise to keep an offer open, revocation, the postal rule, etc….
This contract will be subject, of course, to the seller having good title to the property. If this is not found to be the case - he has to return your deposit to you.