1.99 See Answer

Question: Neto learned that Quan, his neighbor, intended


Neto learned that Quan, his neighbor, intended to sell his powerboat. Neto texted Quan stating that he wanted to buy the boat and he would pay a “fair price.” A few days later, Quan sold the boat to someone else for a higher price than Neto would have been willing to pay.
a. Does Neto have a legal course of action against Quan?
b. Is there anything illegal about this case?
c. Can Quan safely ignore Neto’s offer because it lacked certainty and definiteness?
d. If Neto had specified a price he was willing to pay, would Quan have been obligated to accept it?

1.99

See Answer