Solved the given cases using irac format- case 1- gottlieb


Solved the given cases using IRAC format-

Case 1- Gottlieb v. Tropicana Hotel and Casino, 109 F. Supp. 2d 324 (U.S. Dist. Ct. E.D. Pa. 2000)

Case 2 - McLellan v. Charly, 758 N.W.2d 94 (Ct. App. Wis. 2008)

Case 3- Margeson v. Artis, 776 N.W..2d 652 (Iowa Sup. Ct. 2009)

Case 4 - Bob Acres entered into a written contract to buy 25 acres of land from Schumacher Farms for $70,000. The contract recited that Bob Acres had paid $500 earnest money, but it never did pay this money. The deal fell through when Schumacher refused to close. Bob Acres sued breach of contract, and Schumacher asserted that the contract was not supported by consideration because Bob Acres had not paid the $500 earnest money. Did the false recital of acknowledgment of receipt of the earnest money causes the contract to be unenforceable because of lack of consideration?

Solution Preview :

Prepared by a verified Expert
Strategic Management: Solved the given cases using irac format- case 1- gottlieb
Reference No:- TGS01150126

Now Priced at $50 (50% Discount)

Recommended (94%)

Rated (4.6/5)

A

Anonymous user

5/21/2016 3:17:23 AM

For the following cases, you have to solve your each and every case by using IRAC format. Case 1: Gottlieb versus Tropicana Hotel and Casino, 109 F. Supp. 2d 324 (U.S. Dist. Ct. E.D. Pa. 2000) Case 2: McLellan versus Charly, 758 N.W.2d 94 (Ct. App. Wis. 2008) Case 3: Margeson versus Artis, 776 N.W..2d 652 (Iowa Sup. Ct. 2009) Case 4: Bob Acres entered to a written contract to purchase 25 acres of land from Schumacher Farms for $70,000. The contract listed that Bob Acres had paid $500 earnest money, however it never did pay this money. The deal fell via when Schumacher declined to close. Bob Acres prosecuted breach of contract, and Schumacher asserted that the contract was not supported via consideration as Bob Acres had not paid the $500 earnest money. Did false recital of recognition of receipt of the earnest money cause the contract to be unenforceable due to lack of consideration?