Question: John, a well-known real estate developer, asked Kate, a local real estate broker, to help him purchase properties around the area where a new mall
- John, a well-known real estate developer, asked Kate, a local real estate broker, to help him purchase properties around the area where a new mall was going to be developed in South Norwalk.He didn't want potential sellers to know he was buying up properties because he felt they would want a higher price due to his reputation.He asked Kate not to reveal that she was acting for him.Kate started acquiring properties in her own name and did not reveal that she was acting for John.Kate signed a contract to buy a property but John said he did not want to close on the purchase of this property due to cash flow issues.What can the seller of the property do?Can the Seller enforce the contract against Kate, John or both of them?Do Kate or John have any defenses to the enforcement of the contract?.
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