Author Question: Mr. Buyer, the plaintiff in the action, was attempting to enforce a contract in which the defendant, ... (Read 188 times)

FButt · **on:** Aug 7, 2021

Mr. Buyer, the plaintiff in the action, was attempting to enforce a contract in which the defendant, Mr. Seller, agreed to sell to the buyer his property, Blackacre, for $100 000. Which of the following, by itself, would be sufficient to allow Mr. Seller to get out of the contract?
◦ Mr. Buyer referred to essential terms in a letter sent to Mr. Seller.
◦ Although both parties agreed to this, no money had actually been paid on the contract, not even a deposit or a down payment.
◦ The $10 000 was not enough (i.e., not fair).
◦ There was only a verbal agreement between Mr. Seller and Mr. Buyer.
◦ At the time of the contract, unknown to Mr. Buyer, Mr. Seller did not understand the quality and nature of this act because of mental incapacity.

janeli1 · **Reply #1 on:** Aug 7, 2021

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