Contract can you please go into detail with for 400 words ormore thank you
Johnny, a neighbor who is not a merchant under the UniformCommercial Code, offers to buy a car from Mark for $30,000. Markasks Johnny for some time to think about it. Johnny says sure. Hewrites on a piece of paper that he will keep the offer open for twoweeks.
A week later Johnny sees another car he would rather buy. Hepurchases that, and then he tells Mark that he is revoking hisoffer.
Two days after that Mark said: âIâm sorry Johnny you made an offerin writing to buy my car. Iâm going to hold you to that.â
Johnny replied: âSorry I cannot do that. But I will promise to payyou $10,000 for the help you gave me last year around the house.âSomewhat mollified Mark accepts.
A week later and Johnny decided to renege on that promise aswell.
Fed up, Mark sued Johnny for breach of contract on both the promiseto buy the car and the promise for the $10,000.
Contract can you please go into detail with for 400 words ormore thank you
Johnny, a neighbor who is not a merchant under the UniformCommercial Code, offers to buy a car from Mark for $30,000. Markasks Johnny for some time to think about it. Johnny says sure. Hewrites on a piece of paper that he will keep the offer open for twoweeks.
A week later Johnny sees another car he would rather buy. Hepurchases that, and then he tells Mark that he is revoking hisoffer.
Two days after that Mark said: âIâm sorry Johnny you made an offerin writing to buy my car. Iâm going to hold you to that.â
Johnny replied: âSorry I cannot do that. But I will promise to payyou $10,000 for the help you gave me last year around the house.âSomewhat mollified Mark accepts.
A week later and Johnny decided to renege on that promise aswell.
Fed up, Mark sued Johnny for breach of contract on both the promiseto buy the car and the promise for the $10,000.