Study each of the following cases. Answer the questions that follow with Yes or No. Eamons offered
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Study each of the following cases. Answer the questions that follow with Yes or No.
Eamons offered to sell his sailboat, complete with boat trailer, to Fitzgerald for $12,000. Fitzgerald agreed to the offer, gave Eamons a deposit of $500, and said that he would pay the balance when he came back with his car to pick up the boat and trailer. While Fitzgerald was away, the boat caught fire and was destroyed.
a. Was this a contract for sale?
b. Did the parties intend title to pass when Fitzgerald picked up the boat?
c. Must Eamons bear the loss?
d. Was this a contract to sell?
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