Question: Please do not use the IRAC format Derek and Andy were discussing business over lunch and agreed on the sale of a five-acre parcel of

Please do not use the IRAC format Derek and Andy were discussing business over lunch and agreed on the sale of a five-acre parcel of land. When Derek went back to his office, he sent Andy a letter outlining their agreement. The letter included the following details: Andy agrees to purchase my 5-acre parcel located at 123 105th Street, St. Joseph, Minnesota, U.S.A. for the price of $3500 per acre. Transfer of title, payment, and possession to take place on April 1, 2015." On April 1, 2015, Derek was ready to close the deal and transfer title but Andy refused to go through with the purchase because the contract was not in writing. Derek sues. How will the case be decided? Use legal theories and the facts to support your answer. Edit View Insert Format Tools Table 12pt V Paragraph B I U A & TV
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