breach of contract
Johnny, a neighbor who is not a merchant under the Uniform Commercial Code, offers to buy a car from Mark for $30,000. Mark asks Johnny for some time to think about it. Johnny says sure. He writes on a piece of paper that he will keep the offer open for two weeks.
A week later Johnny sees another car he would rather buy. He purchases that, and then he tells Mark that he is revoking his offer.
Two days after that Mark said: “I’m sorry Johnny you made an offer in writing to buy my car. I’m going to hold you to that.”
Johnny replied: “Sorry I cannot do that. But I will promise to pay you $10,000 for the help you gave me last year around the house.” Somewhat mollified Mark accepts.
A week later and Johnny decided to renege on that promise as well.
Fed up, Mark sued Johnny for breach of contract on both the promise to buy the car and the promise for the $10,000.
Discuss whether the elements of a contract are satisfied here.
Your paper should be 500-750 words, and should include at least two cited external sources.
5 years ago
10
Purchase the answer to view it

- CONTRACTLAWS.docx
- law1.pdf
- HUM111 To Drill or Not to Drill.doc
- HUM111 Midterm Exam.doc
- Developing project Plan
- 3 paragraphs IS ALL I NEED Staffing Decisions
- Identify the savings (investment) instruments you use or have used in the past.
- Sustainability Performance Measures
- WALMART SUPPLY CHAIN ( IDENTIFY A PROCESS IN THE SUPPLY CHAIN TO IMPROVE)
- Cognitive walk-throughs
- A thirty- year U. S. Treasury bond has a 4.0 percent interest rate. In contrast,
- Case Study #2: Planning, Organizing and Leading