Question: Williamson was about to lose a house that she owned
Williamson was about to lose a house that she owned but was mortgaged. She agreed to sell the house to Matthews for an amount she thought would pay off the mortgage and leave enough money for her to purchase a mobile home. After making the sale, Williamson went to her attorney and said that she wished to back out of the house sale because the selling price was inadequate. She claimed that she had not charged Matthews enough to pay off her mortgage and then be able to purchase a mobile home. Could the sale of the house to Matthews be voided for lack of consideration?
Answer to relevant QuestionsReno entered into a contract with his 17- year- old son by which the son agreed to support the father in consideration of the father’s transfer of certain property to the son immediately. The son supported the father under ...Jesset, who had been committed to a mental institution, was later released as having shown signs of increased mental stability. When her husband died several years later, Jesset’s son had her recommitted because he felt ...Dwaine Ebsen, a minor, lived with his mother, Violet, who was a widow. For personal and lifestyle reasons, they could not get along, so Dwaine decided to move out. From the time he moved, he did not receive any monetary ...Rene, who came from a wealthy family, was a teacher in what was considered a rural school district. She and her friend Curtis, an attorney, lived together, although they were not married. Rene got pregnant. She got ...Bain lived in Bristol Harbor, a resort area along the Atlantic coast. She entered into a written agreement to sell her daily catch of fresh lobster at an agreed price to a local restaurant owner during the tourist season. At ...
Post your question