Michelle owns a top-floor apartment in an apartment building in Washington, DC with a balcony overlooking Pennsylvania Avenue, where Presidential inaugural parades occur every 4 years. Nicole loves inaugural parades and enters into a contract to rent Michelle's apartment for $10,000 for the afternoon of Thursday, January 21, 2021 to watch President Biden's inaugural parade. However, the parade is actually on Wednesday, January 20, 2021 (one day earlier). Nicole learns of the date mix-up on Tuesday, January 19, 2021 (one day before the parade), and tells Michelle she is cancelling the contract, but Michelle responds that Nicole is bound by the contract and that Nicole owes Michelle $10,000. Nicole does not pay Michelle the $10,000 called for in the contract. If Michelle sues Nicole for breach of contract, who will likely win?Explain why ?

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In contract law the terms of a contract are generally binding on the parties involved However the mi... View the full answer