Reference no: EM131377624
The Brewers contracted to purchase Dower House from McAfee. Then, several weeks before the May 7 settlement date for the purchase of the house, the two parties began to negotiate for the sale of certain items of furniture in the house.
On April 30, McAfee sent the Brewers a letter containing a list of the furnishings to be purchased at specific prices; a payment schedule including a $3,000 payment due on acceptance; and a clause reading: ‘‘If the above is satisfactory, please sign and return one copy with the first payment.''
On June 3, the Brewers sent a letter to McAfee stating that enclosed was a $3,000 check; that the original contract had been misplaced and could another be furnished; that they planned to move into Dower House on June 12; and that they wished that the red desk also be included in the contract.
McAfee then sent a letter dated June 8 to the Brewers listing the items of furniture they had purchased. The Brewers moved into Dower House in the middle of June. Soon after they moved in, they tried to contact McAfee at his office to tell him that there had been a misunderstanding relating to their purchase of the listed items.
They then refused to pay him any more money, and he brought this action to recover the outstanding balance unless the red desk was also included in the sale. Will McAfee be able to collect the additional money from the Brewers?
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Does a contract exist between jeff and brenda
: Brenda replies, ‘‘If you do not hear otherwise from me by Thursday, I have accepted your offer.'' Jeff agrees and does not hear from Brenda by Thursday. Does a contract exist between Jeff and Brenda? Explain.
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Did hoover successfully revoke its offer
: Hoover refused to buy, claiming it had revoked its offer through the January 13 phone conversation. Clements then brought suit to compel the sale or obtain damages. Did Hoover successfully revoke its offer?
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Who prevails and why
: Keith sought to exercise the renewal right and, when the parties were unable to agree on the rent, brought suit against Walker. Who prevails? Why?
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What are the forces on the pinion gear and shafts
: The bearings on each shaft are 2.0 in. from the gear center. If the gears transmit 0.5 hp, what are the forces on the pinion, gear, and shafts?
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Will mcafee be able to collect additional money from brewers
: They then refused to pay him any more money, and he brought this action to recover the outstanding balance unless the red desk was also included in the sale. Will McAfee be able to collect the additional money from the Brewers?
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What is the relative loading on the six bearings shown
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Discuss the ability of the model to match the stylized facts
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Identify the important drivers of competition
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Does a contract exist between thoelkes and the morrisons
: After the executed contract was mailed but before it was received in Florida, the Thoelkes called the Morrisons' attorney in Florida and attempted to repudiate the contract. Does a contract exist between the Thoelkes and the Morrisons? Discuss.
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