Under what theory can Peter sue and Win

Assignment Help Business Law and Ethics
Reference no: EM13900065

Hello Please write a 2 page essay in Irac format thanks

Peter and Donald were long time coworkers. Donald lived in Westwood and Peter lived in Long beach, however Donald decided to sell his house and move to a countryside. He also knew that Peter and his wife are looking for a new house in Westwood because their daughter just got accepted to UCLA and they want to move to Westwood where Peter's work was also located. Donald offered to sell the house to Peter and upon inspecting the house Peter and his wife Lena loved it. It was only 3 years old house, with 3 bedrooms, in the middle of the city yet a quiet neighborhood, exactly what Peter and Lena wanted. They also agreed on a price, shook hands and called it a deal.

Peter and Donald agreed on the price and Peter paid 1% of the entire price and they agreed that each month for the next 15 years Peter will periodically make payments. After a month Peter started making small improvements to the house, decorating it making it a home, place full of love and warmth. After 2 months where improvements were done they moved in. They sold their house in Long Beach and now Westwood was their home. 6 months had gone by and Peter continued to make monthly payments, but at that time Donald missed Westwood, he found the countryside life very monotone and boring and he wanted to come back to the city. One night while talking to an Attorney friend he told about selling his house to Peter but there is no paperwork, and the attorney told him that such contracts are unenforceable because contracts for sale of land MUST be in writing. Donald got excited that he can get his house back since he is still the owner on the paper, and he called Peter requesting the house back, Peter refused and sued Donald asking the court for specific performance so the court will give the title of the house to Peter.

1) Under what theory can Peter sue and Win. (Talk about the Law and its exception, be detailed and thorough. Do it in IRAC Format :-)

2) What if Peter went to Donald one night, threatening to kill him unless he signs a contract by which he transfers the title of his Westwood house under Peter's name in a written, legal form. Could he be successful, Why? or Why not? (Do a SEPARATE IRAC for this Question)

3) Imagine Donald sold his house to Peter using all legal means, they had a written contract, however knowing how much Peter loves Jacky Chan he falsely told Peter that before him Jacky Chan was living in this house and the ONLY reason why Peter bought the house was the fact that he relied on Donald's statement. Later on he found out about it and Rescinded the contract. On what legal ground did Peter succeed? (Do a separate IRAC for this question :-)

Reference no: EM13900065

Questions Cloud

Compare and contrast artificial selection : Compare and contrast artificial selection and genetic engineering of organisms What is one advantage and one disadvantage for each technique? What is one example of each?
Monetary policy contribute to the economic crisis of 2008 : Did monetary policy contribute to the economic crisis of 2008?
Draw a line through the quantity and insert the quantity : Draw a line through the quantity, and insert the quantity and unit cost of the last purchase. On the following line, insert the quantity and unit cost of the next-to-the-last purchase.
How to restore participating and self-support to free : How to Restore Participating and Self-Support to Free Enterprise
Under what theory can Peter sue and Win : 2What if Peter went to Donald one night, threatening to kill him unless he signs a contract by which he transfers the title of his Westwood house under Peter's name in a written, legal form. Could he be successful, Why? or Why not? (Do a SEPARATE IRA..
The company net income for the year ended : 1.The following selected information is from the Princeton Company's comparative balance sheets.
How could using elements assist with respect to promoting : How can using these four elements above assist organisations to promote continuous improvement as an essential part of doing business?
The social security program is primarily a : The Social Security program is primarily a
Successful implementation of a gang reduction program : Discuss your impressions regarding the success of the programs implemented. From the report, identify one component of the program which you believe to be most critical to the successful implementation of a gang reduction program in a metropolitan..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Components of a sound intellectual property strategy

What are the components of a sound intellectual property strategy?

  What ethical code could normandale implement

What are the differing views on the social responsibility of corporations like Normandale? What ethical code could Normandale implement to prevent similar incidents in the future? Do the owners of Normandale have personal liability to Mathis for dama..

  What do you think is best course of action with regard to

research the history of drug use abuse and addiction as it has developed over the centuries. historically which drugs

  A supervisory position

A supervisory position has opened up due to someone retiring in the medical office in which you work. You and your pregnant co-worker are talking about it at lunch one day, and your co-worker is very excited because she has been told several times th..

  Prepare an office memorandum to answer

You are a paralegal working in Plentibux & Moore, a boutique Richmond, Virginia law firm that specializes in white-collar criminal defense. The senior partner in the firm, Bob Plentibux calls you in to his office and tells you that he has a hot..

  Increase the confidence of the public and investors

The Sarbanes-Oxley Act is intended to increase the confidence of the public and investors through increasing which of the following? The Sarbanes-Oxley Act prohibits publicly traded companies from making personal loans to whom

  The illinois dog bite statute

Identify what is wrong (if anything) with the following citations. For your information, we have indicated the number of errors for each citation.

  Laws pertaining to worker compensation and rights

There are various regulations or laws pertaining to worker compensation and rights. Some of these laws and regulations are:

  Can a corporation ethically make charitable contributions

Can a corporation ethically make charitable contributions from corporate funds without the board of directors being challenged successfully by the minority stockholders on the grounds that this resolution is an abuse of power that would constitute..

  Propose two ethical concerns that management

Provide a rationale for your response. Note: In this question, the student focuses at the two challenges and address if and how the challenges may raise any ethical issues within and outside of the agency.

  Cases on lexis and state

Please find all of the following cases on Lexis and state whether they each are still good law (mandatory authority) and upon whom they are binding. Explain your reasoning for each one Moore v. Richardson, 332 Ark. 255 (1998)

  Summarize the kinds of evidence

Summarize the kinds of evidence typically used for each constructed argument related to the issue. Be sure to discuss the reasons these kinds of evidence are used and/or are most effective

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd