Patricia creates a sculpture. She then creates a fake docume…
Patricia creates a sculpture. She then creates a fake document stating that she bought the sculpture for $5,000. With this document, she convinces Reggie to buy the sculpture for $6,000. Soon thereafter, Reggie finds out the document was a fake. He wants Patricia to give him back his money. Patricia refuses. Which of the following document is Reggie’s best chance for getting back his money?
Read DetailsRyan emails Cindy, “I hereby offer to mow your yard for $100…
Ryan emails Cindy, “I hereby offer to mow your yard for $100 tomorrow at 5PM. Do we have a deal?” One minute later, Cindy replies via email, “Yes.” By that time, Ryan had left his computer, so he didn’t see Cindy’s email arrive. Later that day, Ryan sees Cindy and says, “Hey, sorry, but I revoke my offer.” Cindy replies, “Too late. I already emailed you my acceptance.” Ryan says, “Well, I haven’t checked me email, so we don’t have a contract.” Is Ryan correct?
Read DetailsTom buys a lamp from Jerry, who is a merchant of lamps. Jerr…
Tom buys a lamp from Jerry, who is a merchant of lamps. Jerry has no idea why Tom wants the lamp. Jerry tells Tom that the lamp is not his to sell and that it has a lien/security interest on it. Which warranty/warranties most likely exist(s)?
Read DetailsTerrence, one of your most trusted friends and your longtime…
Terrence, one of your most trusted friends and your longtime, reliable financial advisor, promises you a high-paying position with his company that he says will start the following month. You did not offer anything in return for the job or do anything to get the job, and you haven’t been offered an employment contract. In preparation for starting your new job, your quit your current job, buy a new suit, and move your family 100 miles away, to the city where Terrence’s company is located. Before the job is set to begin, Terrence tells you the job isn’t going to work out and apologizes for the trouble it causes you. Which is true?
Read DetailsAltuve tells Springer that he has a baseball bat that he thi…
Altuve tells Springer that he has a baseball bat that he thinks Springer would love and offers to sell it to him. He tells Springer that the bat weighs 48 ounces. Springer agrees to purchase the bat, and the two complete the sale. However, when Springer receives the bat, he weighs it and discovers that the bat weighs 24 ounces. Altuve knew the bat weighed 24 ounces but also knew that Springer would not want such a lightweight bat, so he lied to Springer about the weight. Springer sues Altuve for fraud. Is Springer likely to win his lawsuit against Altuve?
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