Drinking and Contract Formation Do Not Mix! Case Study 1 This case may or may not have consideration for a voidable contract. It can be proven that Steve was (or probably was) intoxicated then. Bill and Steve were out drinking, this insinuates that they were at bars together, there could be proof from receipts showing how many drinks were purchased and the bartenders or video (of available) could verify that Steve was drinking. But considering that the fair market value and what Steve said he would sell it for, and that Bill agreed to the fair price a judge could rule that Steve has to sell his home. Steve was voluntary intoxicated, and Bill was not taking advantage Steve, the price was equal to the fair market value, however, if Bill counter
Mr. Potbelly and Mr. Slim Jim are two competent people who voluntarily entered into an agreement for the purchases of the pottery and the home. Mr. Potbelly presented Mr. Slim Jim with the original offers and Mr. Slim Jim counter counter-offered within reason of the asking price. The conversation had between Mr. Potbelly and the other individual should not be grounds for him
If the contract for the sale of business stated that the price of the business goodwill was predominant and outweighed all of the goods, I still think the contract would be enforced. Goodwill is a type of personal property, but not a good under the UCC. Therefore, the contract would not fall under the scope of Article 2 of the UCC. This contract would require the application of common law to determine its existence. Although it remained oral, both parties admitted to its existence and proceeded to perform based on the agreed upon terms. The defendants taking possession and tender of partial payment, along with the plaintiff’s tender of business assets, makes clear that the parties had entered into an agreement and that they sought to perform.
Answer: Carnack is correct because Willard entered a contract that states that the deposit of $10,000(down payment) as liquidated damage. The contract was reasonable in its damage amount and unlikely to tell when a possible breach was going to happen, therefore the owner can obtain compensation. When Willard breached her contract by not being able to finance the $90,000, Carnack is entitled to obtain a certain amount of money.
Starting from the beginning, the original post the sale, on November 1, Dr. Peters wanted to sell 850 tubes of toothpaste. In the sale ad it states "Write me if wanting to accept". Therefore, Sam did in fact put a check in the mail the same day, November 1. This is considered to be a part of the mailbox rule in which "an acceptance sent via the postal system or by courier is effective when sent" ((Luizzo, A., 2016, pg. 127). Therefore, the acceptance of the sale is a contract between Sam and Dr. Peters. However, a written contract should have followed; as it states in the Statutes of Fraud that in order to be legally binding, sales dealing with "personal property of $500 or more" must "be in writing to be legally enforceable" (Luizzo, A., 2016, pg. 201). The two parties have entered into a valid and express contract.
Lonnie Hippen moved to Long Island, Kansas and started working at an insurance company owned by the Griffiths. Soon after moving the Griffins offered to sell him a house. Hippen purchased the house but left the insurance company two years later and claimed that the Griffiths orally agreed to buy back the house at its selling price if Hippen were to ever leave. Griffiths defended on the basis of Statute of Frauds and Hippen argued that the statue of frauds did not apply because the repurchase of the house was part of his employment with the Griffiths. Contracts that cannot be performed within a year are not enforceable unless they are in writing. Two years has passed when Hippen is ready to sell back the house. Any oral agreements will not be enforceable, therefore; Griffiths will not be required to buy back the house.
This came to about 6 alcoholic beverages in within that sort timeframe. This is a total of 11 known alcoholic beverages served and consumed in such a shot period of time that it would be indicative to have observed signs of Intoxification.. Also the factor that his blood alcohol level of twice the legal limit would determine that the patron was served to Intoxification. In Jackson V Gore it is established that they can prove Actual Visual Knowledge of Intoxification.. The four factors of the server continued to serve the alcohol (13 in all charged) in a short period of time, collected the money , behavior of patron before service and leaving and behavior of patron upon leaving would establish an Actual Visual Knowledge of Intoxication. Plaintiff asks to deny the Motion of summary Judgment.
Let's clarify a few things. First, there is a difference between having a drink and driving and driving drunk. Second, there is a difference between having a drink and driving and driving impaired. Third, there is a difference between failing a blood alcohol check, driving drunk or impaired, and driving legally after having consumed alcohol. With so many variables that go into determining what can and cannot happen
Most contracts are valid despite the fact that they may be only oral. Dan was knowledgeable that Pat wanted to buy a home, which she was not financially qualified to purchase. Consequently, he offered to purchase the home and sell it to her, when she had the capital to do so. The statement of Don to Pat, “When you come up with the money, I will sell the home to you for $250,000, plus a fair commission to be determined”, and Pat’s search and identification of a suitable home, and Dan’s purchase supports each intent to be bound.
“Alcohol is the oldest and most widely used drug in the world” (Albert S. Whiting, M.D). The question is whether alcohol should be allowed for everyone or at a certain age. In 1984, Congress passed the National Minimum Drinking Age Act, which required states to raise their ages for purchase and public possession to twenty one. Twenty one is the established drinking age where the government feels a person is able to handle alcohol. As a result, teenage drinking has become a major issue here in the United States. People under the age of twenty one have been illegally drinking alcohol on a regular basis without even knowing the consequences that come along with it.. Underage drinking is considered people who are under the age of twenty one who
The court will not allow Briggs to void the oral contract and evict the Sackett 's as his claim that the contract is in violation of the Statute of Frauds is not valid. The oral contract is enforceable under the equitable doctrine of part performance as the Sacketts made a payment towards the purchase price, took possession of the property, and voiding the contract would cause injustice to the Sacketts. The contract will be enforced by the court.
Michael Ferrell, the offeror, liked the offer so he voluntarily accepted the offer from the offeree, which is Elizabeth. The offer is valid because the offeror had serious intention to sell to the offeree, the terms of the offer is reasonable to both parties at that time, and the offer must be communicated to the offeree. And most importantly both parties mutual assent to the same bargain. Both parties agreed the consideration, which is usually is defined as the value given in return for a promise, of the transaction to the very end of the contract to be fulfilled and valid. Elizabeth made a mistake of not knowing the market value of her product. Mistakes can be from both parties or one party, but either way, that does not mean the contract can be avoidable. If Elizabeth made a “mistake of fact”, instead of “mistake of value,” Elizabeth could have obtain back her husband’s Mantle baseball card. In Elizabeth’s defense, she was under emotional distress because she wanted to to cope with the loss of her deceased spouse so she incoherently or coherently taught that to get rid the house of the personal belongings of her lost loved one. It’s possible for Elizabeth to have her thoughts not well-cleared and conscience since losing a loved one can cause extraordinary emotions, in which, Elizabeth was very clear of that. In conclusion, Michael Ferrell can keep the Mantle baseball card, but
Unilateral Mistake Mrs. Chaney died, leaving a house in Annapolis, Maryland. The representative of her estate listed the property for sale with a real estate broker, stating that the property was approximately 15,650 square feet. Drs. Steele and Faust made an offer of $300,000 for the property, which was accepted by the estate. A contract for the sale of the property was signed by all the parties. When a subsequent survey (done before the deed was transferred) showed that the property had an area of 22,047 square feet, the estate requested the buyers to pay more money for the property. When the estate refused to transfer the property to the buyers, they sued for specific performance. Can the estate rescind the contract? Steele v. Goettee, 313 Md. 11, 542 A.2d 847, Web 1988 Md. Lexis 91 (Court of Appeals of
A person who is considered to have a mental or physical defect cannot enter into a legally binding contract. Age is also a contract limitation. This means that someone under the age of 18 is considered a minor and, therefore, cannot enter into a contract unless it is voidable. However, only the minor can void the contract, not the adult who entered into the contract. When a minor shows intent to rescind a contract by either words or action, the whole contract is voided. If a person is emancipated, they have legal control of themselves and can enter into a contract. In this case, Sam is of age to sign a contract agreement with the store; this is a valid element. The fourth element of the legal object will be deemed to exist if the object of an agreement is valid. Sam agreed to ship 1,000 units of his barking device. However, Sam was doing this illegally because he did not have the required license to conduct business from his apartment. This is not a valid
Possibly one of the best actions on the buyers’ part was their decision to hire a real estate agent to assist them in their home purchase. Agents generally have more experience and know all the right forms and such needed to complete a purchase, which was especially important for these first time home buyers. The only interactions between the buyers and seller were through their respective agents. Because each party had an agent, the legality of Marsha and the sellers’ agent’s contract is stressed. Assuming that the seller granted her agent permission to accept offers on her behalf, the agent violated
For motor skills part, there are two factors to analysis, which include muscle control: leg muscles and heart muscles; eyesight effect by the alcohol consumption. An organization which is named Narconon Reviews (2013) claimed that motor-skills are those functions that muscles, hand, feet, etc work together. They are always executing specific actions, such as walking/running, driving a car, picking up an object/moving it. Motor skills also connect with sensory channels. These channels include sight, sound, touch, smell and even tastes. If an independent drinks alcohol, one of the channels will be limited.