Case summary: The person JF purchased a baseball card from the person MS. The card was delivered in Nebraska and was kept in a safe-deposit box by the person JF. After 2 years, the person JF sent the card for authentication to PSA, a grading agency, which found the card as ungradable. The person JF informed the person MS, who replied that the card should have been returned within the seven days to the 1-month time period of its receipt. The person JF sent the card to ASA, another grading agency, for the second opinion and got the same feedback. The person JF then filed a suit against the person MS in the state court for damages. The person JF won the case and the person MS made an appeal to the supreme court.
To Find:The award given by the court to a buyer who prevails in such a dispute.
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The Legal Environment of Business: Text and Cases (MindTap Course List)
- A contract will be considered illegal from inception where performance can only be pursued via an illegal act. Contracts falling into this category cannot be enforced. Indeed, if a contract is illegal from the start, all contractual parties will not acquire any rights under that contract, regardless of their intentions at formation of the contract. The contract will be void and treated as if it was never created. critically discuss FIVE (5) CONTEMPORARY CASE LAWS related to illegality focusing on the judgments handed down in those cases as it relates to: What was the issue, The facts of the relevant case, The judgment The reasons for the judge’s decision. Finally, in your opinion do you agree or disagree with the decisionarrow_forwardQuestion 3 Decide whether an acceptance is enforceable in the following circumstances with reference to the relevant statutory provisions and case laws: (b) Azlan offered to sell his new smartphone to Richard for RM900. Richard spoke to him and he would pay RM700 instead.arrow_forwardCase 4Cameat company is a company in Oman that exports camel meat to various countries. The company enters into a contract with SS trading company to start a new business in Oman. SS trading company has given misleading statement of facts during negotiations of the contract and this has influenced Cameat company to enter into this contract.Question a. If Cameat company repudiates this contract in the court of law, what type of contract is it? b. Is the contract in this case enforceable by law? Explain why or why not?arrow_forward
- Discuss any five (5) remedies available to the employees in case of breach of contract. b) With the aid of examples, explain the term vicarious liability.arrow_forwardIn which type of Contract is there a "lack of meeting of the minds?" a) Bilateral b) Unilateral c) Fraudulent d) Oral 2. Generally where a unilateral mistake is made in a Contract, the Contract will still be enforced, except where the non-mistaken party was aware of the mistake. a) True b) False 3. A home builder misjudges the cost of the windows to be installed in the house. This is: a) Bilateral mistake leading to rescission. b) Unilateral mistake which can be corrected. c) A mathematical mistake which is correctable. d) An error of judgment, not correctable. 4. "Sign or I'll kill you" is an example of: a) Undue Influence b) Misrepresentation c) Duress d) either a or b 5. An attorney who over a period of time convinces an elderly widow to deed…arrow_forwardT/F 8. Which of the following is true regarding undue influence?A. One person usually takes advantage of another person’s mental, physical, or emotionalweakness.B. A fiduciary relationship exists between the two parties.C. A dominant party must have unduly used his or her influence to persuade the servient partyto enter into a contract.D. All of the above.arrow_forward
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