1. Sample of Legal Torts and Compensataion
A valid offer exits if a party communicates to the other party an intention to be bound by the terms of the offer. ... Statute of frauds requires the sale of good for $500 or more to be in writing by the party to be charged reflecting the contract. Here Buyer Bob and Seller Abe made an offer and accepted the offer to the detriment of each party and the transaction is in writing by each party's text messages, if either party saved their messages. Thus, the Statute of frauds would be satisfied by the texting between the parties, which made their contract in writing. ... There was no attemp...
- Word Count: 3479
- Approx Pages: 14
- Grade Level: High School