Subject:EconomicsPrice: Bought3
1. Sara offers to sell her car to Janet for $800. Janet thinks Sara means her 1978 VW Beetle and agrees. Sara was thinking of her 1970 VW van. Has a contract been formed? Why?
2.The city of Portage contracts with Get Going Builders to demolish a vacant building and replace it with a park. John Jakes is delighted, as his property is right across the street from the intended park. He envisions a significant increase in his property value. At the last minute the city decides to forgo the park in favor of increased pay for its fire fighters. John is dismayed and wants to sue the city. Will he succeed in his suit? Why?