Scenario
Joseph Hubbard signed a contract, agreeing to buy Marie Hoover’s home for $320,000. Ms. Hoover had transferred the rights of the home to TNT Land Holdings. The house was previously the subject of a previous attempt to sell. The first attempt failed when the buyer’s inspector detected certain anomalies including condensation on the windows and doors, among other things. While leading Hubbard on a “walk-through” of the home, the agent pointed out the repair work.
The written agreement that Hubbard and Hoover signed on July 29th, 2007, included a clause that allowed the buyer to inspect the property. Hubbard did not take the opportunity to have a professional examination of the property. In November 2007, Hubbard’s relative moved into the home and immediately reported problems with the deck, yard, and other locations.
After these reports, Hubbard had the home inspected and the report indicated that the land on which the house was built was shifting and the home was in danger of sliding into the lake. Hubbard suspected that the repairs indicated in the “walk-through” were an attempt to cover up issues that Hoover was aware of.
Resulting Outcome
Hubbard filed suit against Hoover alleging fraudulent concealment, misrepresentation, and breach of contract. At the trial level, the court decided in favor of Hubbard on all issues. Hoover appealed the matter. Hubbard Family Trust, et al. v. TNT Land Holdings, et al. (N.E. 3rd 411, 2014)
Instructions
write a 3–5 page academic paper. (Please be aware that the title page and the resource page do not count towards the total number of pages.)
Discuss whether there is an enforceable contract, and if John will be able to financially recover from this.
What are the five required elements to create any contract?
How does the statute of fraud relate to these elements?
Discuss whether an enforceable contract has been established between the parties.
Use at least three current, quality academic or authoritative sources in this assignment. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment.
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A quality paper that is free from plagiarism. Order now for an Amazing Discount! Use Discount Code “Newclient” for a 15% Discount!NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more