QuickHelper

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Teaching Since: May 2017
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    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
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Category > Management Posted 07 Oct 2017 My Price 7.00

On September I5

On September I5, Preet wrote to Lila as follows: "I offer to sell you Blackacre for $300,000, all cash, closing on November I. Please advise as soon as possible. (Signed) Preet."

On October I, Lila mailed her acceptance to Preet, unaware that Preet had died

on September 30 When Lila learned of Preet's death, on October 5, Lila insisted that the Estate of Preet nevertheless deliver the deed to Blackacre in exchange for Lila's certified $200,000 check. Xavier, the Executor of Preet's Estate, refused to do so.

(a)In an action by Lila against the Estate of Preet for breach of contract, judgment for whom? Explain.

(b)If Preet's offer was a valid irrevocable offer for 30 days, would your answer to (a) be different? Explain.

Answers

QuickHelper
(10)
Status NEW Posted 07 Oct 2017 06:10 PM My Price 7.00

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