The buyer later refuses to perform the contract

Assignment Help Business Law and Ethics
Reference no: EM13947931

Jack wants to sell his house. He hires Walter, a real estate broker, to sell the house and signs an exclusive right-to-sell listing agreement. Walter finds a buyer, who signs a sales contract with Jack. However, the buyer later refuses to perform the contract because he cannot obtain financing.

Does Jack owe a commission to Walter? Why?

Reference no: EM13947931

Questions Cloud

The company''s quality control lab : Ernest lost both his legs in combat in Iraq. He has applied for a job with Excelsior Products in the company's quality control lab. The job requires inspectors to randomly check products coming off the assembly line for defects. Historically, all ins..
Would there be differences in the decision making process : Would there be differences in the decision making process when involving these individuals?
Write the file, type wq!, and then press enter : Enter the following text and make sure you press Enter at the end of each line. (Each row is considered an employee record with colons separating the fields. The first field is the employee number. The second field is the employee name, and the th..
Experiences you have had when you were exposed : Reflect on experiences you have had when you were exposed to different training methods (as trainer or trainee). Share personal advantages and disadvantages of each experience
The buyer later refuses to perform the contract : Jack wants to sell his house. He hires Walter, a real estate broker, to sell the house and signs an exclusive right-to-sell listing agreement. Walter finds a buyer, who signs a sales contract with Jack. However, the buyer later refuses to perform the..
Prepare a strategy map that illustrates the causal paths : Finally, prepare a strategy map that illustrates the causal paths. In preparing the map, use only three perspectives: learning and growth, process, and financial.
What a floor plan would involve : What he has in mind, think about strategic management, marketing, and other professional management activities, and provide insights into exactly what such a floor plan would involve.
Deli chain restaurant to an existing retail outlet : You are in charge of expanding an existing grocery store by adding a new convenience store and gas station business unit. You are in charge of adding a new department to a mall anchor.
Differences between ionic-covalent and metallic bonding : Briefly cite the main differences between ionic, covalent, and metallic bonding. For these expressions, energies are expressed in electron volts per Na+ -Cl- pair, and r is the distance in nanometers. The net energy EN is just the sum of the two e..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Compare and contrast the termsdisparity and discrimination

Write a 700- to 1,050-word essay in which you compare and contrast the termsdisparity and discrimination as they relate to the criminal justice system

  Is affirmative action allowable discrimination

Is "Affirmative Action" allowable discrimination?  Putting aside the question of how effective affirmative action is, is it logical for government to sanction some discrimination and prohibit other discrimination?

  Describe the differences between civil and criminal actions

Describe the differences between civil and criminal actions. This can also be explained as the distinction between crimes and torts. Specifically, address the goals and objectives of a civil case versus a criminal case, the differences in remedies..

  Identify what you believe to be one of the biggest

choose an area of the criminal justice system and1.identify what you believe to be one of the biggest challenges a

  Bollow pays 100 for a thirty-day option to purchase the

chernek the sole owner of a small business has a large piece of used farm equipment for sale. he offers to sell the

  Who is principal

As a chief executive office, you are responsible only to the board of directors. Felicity, Ethan, Desiree and Cody do your bidding to one extent or another. All of you have contact with third parties on the firm's behalf. Who is principal

  What methods of adr would be available to pursue which of

write a memo on a state not federal level business dispute. describe as if you were writing a write paper for you boss

  Pros and cons of the economic sanctions

Major Point 3: Pros and Cons of the solution chosen. Why is it better than the alternative? Economic sanctions and efforts not working. Military action likely only viable option. However, cannot be unilateral, must involve others including ..

  Discuss and define gender discrimination

Discuss and define gender discrimination. Discuss the elements of BFOQ (Bona Fide Occupational Qualification) and how this defense relates to the above case

  Explores the definitions and typologies of terrorism

Terrorism, Crime and Public Policy, explores the concept of terrorism by examining the meaning of terrorism and questioning the many different interpretations of the label. In order to understand terrorism, the author explores the definitions and ..

  Explain business law- major media station

Explain Business Law- Major Media Station and What arguments do you think Marco will make in his suit against Major Media Station

  Discuss the relevant rules of law

In April 1970, Bronsen died, and his heirs sued the officers of the university to have title to the manuscript determined. Decide if title passed from Bronsen to the university. Discuss the relevant rules of law

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