Question 1

Martin entered into a written contract to sell Anna his football card collection for $10,000,payable in five installments.Martin then orally told Cathy that she could collect the proceeds of his sale.Discuss Cathy's legal rights.

Accepted Answer

The answer of Martin entered into a written contract to...

Question 2

Jennifer contracts to purchase Allison's house when Allison is transferred out of the state.The contract calls for monthly payments,but allows Jennifer to pay the remaining balance at any time.Jennifer,on June 1,sends Allison an offer to pay the balance.Allison receives the offer on June 2,but sets it aside until October 1.When Allison realizes that Jennifer has not made any payments for four months,she threatens to sue Jennifer for breach of contract.Discuss the legal rules governing this situation.

Accepted Answer

The answer of Jennifer contracts to purchase Allison's house when...

Question 3

Tibbetts left a television with Quick Fix,Inc.for repair.Quick Fix made tests and diagnosed the problem,but never began the actual repairs.Nothing was done on the set for more than three months.After repeated telephone calls demanding that the work be done,Tibbetts asked for the return of the set.Quick Fix refused to give up the set unless Tibbetts paid for the time spent on making the tests.Discuss the case.

Accepted Answer

The answer of Tibbetts left a television with Quick Fix,Inc.for...

Question 4

Norbert receives an official-looking written notice which states that Mountain Mortgage Inc. ,from whom he had borrowed money to purchase his house,has assigned Walter all rights to receive payment and that Norbert should make all future mortgage payments to Walter.Discuss Norbert's rights and duties.

Accepted Answer

The answer of Norbert receives an official-looking written notice which...

Question 5

Dash's auto insurance policy requires that he file a written notice of a claim with the insurance company within ten days of any damage in an auto accident or the insurance company may refuse to pay the damage claim.Dash has several accidents and always simply orally reports the damage to the insurance agent,and the insurance company pays the claim;however,on this occasion,after his failure to file a written notice of the claim,the company refuses to pay the claim.They cite the express language of the insurance policy.Is the insurance company correct? Discuss.

Accepted Answer

The answer of Dash's auto insurance policy requires that he...

Question 6

The City of Newburyport contracted with Ace Paint Contractors for the repainting of a steel bridge.The contract specifically called for the use of a particular brand of paint called Nopeel Paint.It was later discovered that Ace used another brand of paint.Discuss the situation if Nopeel Paint decides to bring a lawsuit against Ace Paint Contractors.

Accepted Answer

The answer of The City of Newburyport contracted with Ace...

Question 7

Basic Carpet contracts to install stain-resistant carpet in Alice's house for $6,000.Basic Carpet then assigns the right to receive payment from Alice to Home Finance Company.When payment comes due,Alice refuses to pay more than $2,000,asserting that the installed carpet was not stain-resistant.Home Finance asserts that Alice must pay $6,000,since Home Finance was not responsible for installing the carpet.Alice decides to sue Basic Carpet.Discuss the case.

Accepted Answer

The answer of Basic Carpet contracts to install stain-resistant carpet...

Question 8

Lisa did not deliver goods in 1992 as her contract with Jozell required,but Jozell took no legal action for fifteen years and then sued Lisa for breach of contract.Discuss the suit.

Accepted Answer

The answer of Lisa did not deliver goods in 1992...

Question 9

Roxta Biscuits and Seven Eleven Supermarkets enter a contract where the biscuit-making company will supply 1,000 biscuit packs a day at $50 each to the supermarket chain for the next six months.However,Roxta Biscuits stops their supplies to the supermarkets mid-way,claiming that the prices of each biscuit pack,due to severe inflation,are $80.If Roxta continued to deliver at $50,it would lose $20 per biscuit pack it delivered.Seven Eleven Supermarkets sues Roxta,saying that it has to oblige by the contract signed.Evaluate the case.

Accepted Answer

The answer of Roxta Biscuits and Seven Eleven Supermarkets enter...

Question 10

Alphonse owes huge debts to many creditors.A month before filing for bankruptcy,he distributes all of his assets to his church.Discuss the case.

Accepted Answer

The answer of Alphonse owes huge debts to many creditors.A...

Quiz 12: Third Parties,discharge,and Remedies

Martin entered into a written contract to sell Anna his football card collection for $10,000,payable in five installments.Martin then orally told Cathy that she could collect the proceeds of his sale.Discuss Cathy's legal rights.

Lisa did not deliver goods in 1992 as her contract with Jozell required,but Jozell took no legal action for fifteen years and then sued Lisa for breach of contract.Discuss the suit.

Alphonse owes huge debts to many creditors.A month before filing for bankruptcy,he distributes all of his assets to his church.Discuss the case.