Thelma agrees to sell her Ford Thunderbird convertible to Louise for $19,000. The parties orally agree...

 

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Thelma agrees to sell her Ford Thunderbird convertible to Louise for $19,000. The parties orally agree that Louise will pay $7,000 down, and will pay the remainder in 12 equal payments of $1,000. The parties draw up a bill of sale. Because the jurisdiction in which they live levies a sales tax and personal property tax on the price of the vehicle, Louise asks Thelma to make the bill of sale out for $10,000. Thelma agrees. There is no mention of the payment plan in the bill of sale. Both sign the bill of sale, and, and Louise gives Thelma a check for the $7,000. Louise makes two monthly $1,000 payments on the car, but is then killed in a traffic accident. Thelma petitions the estate for the remaining money due on the car, but the estate refuses to pay more than another $1,000, since the bill of sale is for $10,000 and Louise had paid $9,000 before she died. In contesting the claim in the probate court, Thelma wants to introduce evidence that the original deal was for $19,000. The estate objects to the introduction of Thelma's testimony. What arguments should each side make as to Thelma's testimony? Thelma agrees to sell her Ford Thunderbird convertible to Louise for $19,000. The parties orally agree that Louise will pay $7,000 down, and will pay the remainder in 12 equal payments of $1,000. The parties draw up a bill of sale. Because the jurisdiction in which they live levies a sales tax and personal property tax on the price of the vehicle, Louise asks Thelma to make the bill of sale out for $10,000. Thelma agrees. There is no mention of the payment plan in the bill of sale. Both sign the bill of sale, and, and Louise gives Thelma a check for the $7,000. Louise makes two monthly $1,000 payments on the car, but is then killed in a traffic accident. Thelma petitions the estate for the remaining money due on the car, but the estate refuses to pay more than another $1,000, since the bill of sale is for $10,000 and Louise had paid $9,000 before she died. In contesting the claim in the probate court, Thelma wants to introduce evidence that the original deal was for $19,000. The estate objects to the introduction of Thelma's testimony. What arguments should each side make as to Thelma's testimony?

Answer rating: 100% (QA)

Thelmas Argument Thelma would likely argue that the original agreement between her and Louise was fo... View the full answer