Fritz Hoffman and Fritz Frey contracted the Sun Valley Company (Company) about purchasing a 1.64 acre piece
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The executive committee of Company approved the sale. Sun Valley Realty prepared the deed of trust, note, seller’s closing statement, and other loan documents. However, before the documents were executed by either side, Sun Valley Company sold all its assets, including the Ruud Mountain property, to another purchaser. When the new owner refused to sell the Ruud Mountain lot to Hoffman and Frey, they brought this action for specific performance of the oral contract. Who wins? Hoffman v. Sun Valley Company, 102 Idaho 187, 628 P. 2d 218, 1981 Ida. Lexis 320 (Supreme Court of Idaho)
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Related Book For
Business Law Legal Environment Online Commerce Business Ethics and International Issues
ISBN: 978-0134004006
9th edition
Authors: Henry R. Cheeseman
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