Explain in detail discussing law-facts as applied to law

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Crossland Inc., hires David Bowen to act as its agent to buy a certain building from Eric Hastings for $$1.5 million. Crossland Inc. does not want Eric Hastings to know that it is the principal or that David Bowen is its agent. Crossland Inc. wants the building to put in a marijuana dispensary and believes that Eric Hastings may not sell the building for that purpose, or may demand a premium price if he knows that Crossland Inc. is the buyer. David Bowen makes the purchase, signing only his name to the contract as the buyer and not disclosing to Eric Hastings the agency relationship. The transfer of the deed is to occur on August 15. Eric Hastings learns of Crossland Inc.’s identity on May 15. Can Eric Hastings legally refuse to deed the property on August 15? Explain in detail discussing the law, the facts as applied to the law and the outcome. Please cite to your outside sources.

Reference no: EM132230046

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