Contracts

Assignment 1

Johnny, a neighbor who is not a importer below the Uniform Commercial Code, presents to buy a car from Mark for $30,000.  Mark asks Johnny for some occasion to judge encircling it. Johnny says believing. He writes on a division of paper that he procure support the present unconcealed for two weeks. 

A week succeeding Johnny sees another car he would rather buy. He purchases that, and then he tells Mark that he is revoking his present.

Two days following that Mark said: “I’m worthless Johnny you made an present in match to buy my car. I’m going to confide you to that.” 

Johnny replied: “Sorry I cannot do that.  But I procure engagement to pay you $10,000 for the aid you gave me terminal year environing the issue.”  Somewhat mollified Mark accepts.

A week succeeding and Johnny ruled to renege on that engagement as well-mannered.

Fed up, Mark sued Johnny for violation of agree on twain the engagement to buy the car and the engagement for the $10,000.

Discuss whether the elements of a agree are satisfied near.

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