Today, Jim entered into an agreement to sell his cottage to April for $250,000. Unknown to...

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Today, Jim entered into an agreement to sell his cottage to April for $250,000. Unknown to both Jim and April, the cottage was totally destroyed last weekend when a large pine tree fell on it during a severe windstorm. a. How would you advise both parties to proceed? b. What happens to this contract? c. What determines the outcome in this case? Indira was looking for summer employment. She decided to purchase window washing equipment and approach various merchants on a busy shopping street downtown North Bay to offer her services. One particular store, a bakery, had several large windows that were streaked with dirt, so Indira approached the owner, Lena. Lena was in the process of serving a customer and had several more waiting in line. Indira approached her between customers and offered to wash the bakery windows once a week. Lena, who was understaffed and very busy, replied, "Fine, just bill me at the end of the month" and returned to her customers. Indira cleaned the shop windows for the month of June and delivered an invoice at the end of the month. Lena looked at the invoice and handed it back to Indira responding, "I can see right through you. I never agreed on a price and I'm not about to pay this. Get out of my store!" a) How would you advise both parties? b) Is Lena required to pay Indira's invoice? b) What remedy, if any, does Indira have in this situation? Today, Jim entered into an agreement to sell his cottage to April for $250,000. Unknown to both Jim and April, the cottage was totally destroyed last weekend when a large pine tree fell on it during a severe windstorm. a. How would you advise both parties to proceed? b. What happens to this contract? c. What determines the outcome in this case? Indira was looking for summer employment. She decided to purchase window washing equipment and approach various merchants on a busy shopping street downtown North Bay to offer her services. One particular store, a bakery, had several large windows that were streaked with dirt, so Indira approached the owner, Lena. Lena was in the process of serving a customer and had several more waiting in line. Indira approached her between customers and offered to wash the bakery windows once a week. Lena, who was understaffed and very busy, replied, "Fine, just bill me at the end of the month" and returned to her customers. Indira cleaned the shop windows for the month of June and delivered an invoice at the end of the month. Lena looked at the invoice and handed it back to Indira responding, "I can see right through you. I never agreed on a price and I'm not about to pay this. Get out of my store!" a) How would you advise both parties? b) Is Lena required to pay Indira's invoice? b) What remedy, if any, does Indira have in this situation?

Answer rating: 100% (QA)

A a Jim should inform April about the damage to the cottage and the sale agreement should be rescind... View the full answer