Edwin sells a sofa to Jack for $800. Edwin and Jack both know that the sofa is in Edwin’s warehouse, located approximately ten miles from Jack’s home. The contract does not specify the place of delivery, and Jack insists that the place of delivery is either his house or Edwin’s store. Is Jack correct?
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Edwin sells a sofa to Jack for $800. Edwin and Jack both know that the sofa is in Edwin’s warehouse, located approximately ten miles from Jack’s home. The contract does not specify the place of delivery, and Jack insists that the place of delivery is either his house or Edwin’s store. Is Jack correct?
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- Ed win sells a sofa to Jack for $800. Edwin and Jack both know that the sofa is in Edwin’s warehouse, located approximately ten miles from Jack’s home. The contract does not specify the place of delivery, and Jack insists that the place of delivery is either his house or Edwin’s store. Is Jack correct? Why or why not?Marge sold her car to Rupert, her very good friend on credit for $100,000. He paid down $30,000, but after a few months, and having not seeing Rupert, Marge decided to take back the car. Lucky for her, she did not give Rupert the papers for the car. She saw Henry with the car, who told her that Rupert sold it to him and promised to give him the papers soon; i. Can Rupert keep the car? why or why not. ii. Can Marge get back the car? why or why not. iii. Would the situation be different if Marge had given Rupert the papers for the car? iv. What type of contract did Rupert and Henry enter into?Broderick owns a beautiful automobile, a 1971 Nissan Newport. Ophelia has offered to buy the car from Broderick on multiple occasions for $20,000, but Broderick has always declined the offer. One night, Ophelia visited the tavern where she knew Broderick usually spent his evenings relaxing. having dinner, and drinking one beer. Upon her arrival, Ophelia ordered a beer for herself and a milkshake for Broderick. Ophelia and Broderick proceeded to make jokes and share a few laughs, and again she offered to buy the car from Broderick. This time, Broderick laughed and agreed. writing out and signing a written agreement to sell the car to Ophelia for $20,000 on several sheets of paper brought to them by an employee of the tavern. Ophelia observed what Broderick was doing, and she smiled and nodded numerous times as Broderick completed writing out the terms and then handed the sheets of paper to Ophelia. Then, Ophelia signed on the signature line for her that Broderick had placed on the form…
- Danny sells his second-hand car to BB Auto Traders, a used car dealer. During the verbal negotiations the vehicle is described as a 2017 Civit Honda. After the sale, BB Auto Traders discovered that the car was in fact a 2015 Civit Honda. The registration document stated it was first registered in 2017 and when Danny sold the car, he relied on the information detailed both within the car log book and on the registration document, but it turned out that the logbook was forged by the previous owner and the registration document was inaccurate. Advise Danny on the legal issues that arise in contract law. In doing so, you should interpret the terms of contract, identifying if any terms have been breached and what remedies might arise Would your answer be different if the negotiations between Danny and BB Auto Traders were all undertaken via email? why explain properly.Jim offered to buy James’s Porsche motor vehicle. Jim gave James 2 weeks for an answer. Two days after, Jane offered to sell her Porsche motor vehicle to Jim for which he was very excited to purchase because she had the latest model. Jim called James and told him personally that he is no longer interested in purchasing his Porsche. James is very upset, because he was keen to sell. He is of the view that Jim cannot withdraw his offer because the two weeks has not elapsed. He knows that you are a business law student at Open Campus and sought your advice on the matter. Advise James. Will your answer be the same, if Jim failed to communicate to James within the two weeks that he no longer is interested in purchasing James’s Porsche motor vehicle and James accepted on the last day of the end of the two weeks? Required to use the IRAC* method to answerJim offered to buy James’s Porsche motor vehicle. Jim gave James 2 weeks for an answer. Two days after, Jane offered to sell her Porsche motor vehicle to Jim for which he was very excited to purchase because she had the latest model. Jim called James and told him personally that he is no longer interested in purchasing his Porsche. James is very upset, because he was keen to sell. He is of the view that Jim cannot withdraw his offer because the two weeks has not elapsed. He knows that you are a business law student at Open Campus and sought your advice on the matter. Advise James.Will your answer be the same, if Jim failed to communicate to James within the two weeks that he no longer is interested in purchasing James’s Porsche motor vehicle and James accepted on the last day of the end of the two weeks?
- Jim offered to buy James' porche motor vehicle. Jim gave James 2 weeks for an answer, two days after, Jane offered to sell her porche motor vehicle to Jim for which he was very excited to purchase because she had the latest model. Jim called James and told him personally that he is no longer interested in purchasing his porche. James is very upset because he was keen to sell. he is of the view that Jim cannot withdraw his offer because the 2 weeks has not elapsed. he knows that you are a business law student and sought your advice on the matter. Advise James. Will your answer be the same, if Jim failed to communicate to James within the two weeks that he no longer is interested in purchasing James' porche motor vehicle and James accepted on the last day of the end of the two weeks? Please answer using the IRAC model.Andrews ordered 20 round tables to seat parties of two, 25 square tables to seat parties of four, 5 tables to seat larger parties and 175 chairs. The tables were specially ordered to contain the logo of the restaurant on the top of each table. Andrews paid for the entire shipment when placing the order; however, the supplier was responsible for making the shipping arrangements. The tables and chairs arrived three weeks later; however, five were scratched and damaged. Seven of the chairs were missing. Analyze the restaurant’s options related to the damaged tables and missing chairs. Be sure to address the applicability of the UCC to the transaction.A offered to sell his automobile to B for P50,000. After inspecting the automobile, B offered to buy it for P50,000. This offer was accepted by A. The next day, A offered to deliver the automobile, but B, being short of funds, secured a postponement of the delivery, promising to pay A the price “upon arrival in this port of the steamer Helena.” The steamer, however, never arrived because it was wrecked somewhere off the coast of Samar. (a) Is there a perfected contract in this case? Why? (b) Is the promise to pay made by B conditional or with a term? Why? (c) Can A compel B to pay the purchase price and to accept the automobile? Why?
- Mary has lost her lamb. On Sunday, she ran an ad in the local paper offering $2000 to anyone who has information that would lead to the return of her lamb. On Monday, as he was leaving his village store on a four day business trip, Noah saw a lamb behind some barrels in the alley behind the store. Since he was late, he scribbled a note with the directionsBut Mary was not home. She wrote a note and stuck it under Mary's door. Mary was despondent about her lamb and spent Tuesday night commiserating with her. Mr Matilda's not returning home until Wednesday morning. Passing by the village store, however, she heard a little bleat and could hardly believe her eyes when she saw her beloved lamb standing in front of her. Nor did she notice that the lamb, hungrier than usual, ate Chili's note that was on the floor as they entered their house on Thursday. John remembered that he had seen a lamb at the village store earlier that week and hurried over to Mary's house, only to find the lamb already…Elizabeth goes shopping at Marshalls’s on Wednesday and sees a very expensive piece of furniture costing $70,000. It is an antique, so there are no others like it for sale. Elizabrth wants to get her spouse’s approval before buying it. Elizabeth gives Marshalls’s $2,500 to give her the right to buy the antique until Saturday at noon. Elizabeth took pictures of the piece, and she returns with her spouse on Friday to buy the furniture. Marshalls’s apologizes and says they mistakenly sold the piece to another customer and gives the $2,500 back to Elizabeth. Elizabeth sues Marshalls’s for additional damages. What is the probable outcome of Elizabeth’s lawsuit?Record the following transactions in general journal form for Ford Education Outfitters and Romero Textbooks, Inc. Ford Educational Outfitters bought merchandise on account from Romero Textbooks, Inc., invoice no. 10594, $1,868.82; terms net 30 days; FOB destination. Romero Textbooks, Inc., paid $94.73 for shipping. Ford Education Outfitters received credit memo no. 513A from Romero Textbooks, Inc., for merchandise returned, $148.68. Required: 1. For Ford Education Outfitters. Round your answers to the nearest cent. PLEASE SEE ATTACHED IMAGES