John owned some land on which he intended to build a shopping center. John promised Tiffany the
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Question:
- Examine the case and describe the elements of the contract including the offer, acceptance, and consideration. Include a discussion of whether the contract falls under the U.C.C. or is subject to the state's statute of fraud.
- Describe the breach of the contract. What kinds of remedies are available to a court in this case (specific performance, damages, injunction, and so on)?
- Describe which is the most appropriate in your opinion given the facts of the case.
Related Book For
South-Western Federal Taxation 2018 Comprehensive
ISBN: 9781337386005
41st Edition
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
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