Case Problem:
Parker agreed to buy real estate that was jointly owned by Mr. and Mrs. Glosson. A written contract was prepared for the parties’ signatures. One clause of the agreement stated: “This Agreement shall become an enforceable contract when a fully executed copy has been communicated to both parties.” Although both Mr. and Mrs. Glosson were listed in the document as “Sellers,” only Mr. Glosson signed the contract and Mrs. Glosson never signed it. The Glossons did not sell the property to Parker, and Parker sued them for breach of contract. Was there a valid contract to sell the property?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.