Answered

Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Get quick and reliable solutions to your questions from a community of experienced experts on our platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Jennifer wants to sell her car and Timmy agrees to purchase it. Jennifer and Timmy become involved in an over-the-phone negotiation and settle on a price of $1,000. Jennifer lives three hours from Timmy but agrees to deliver the car to him in his home state and take the bus back, provided Timmy promises to purchase the vehicle. She drives three hours. Upon arrival, Timmy says he will not purchase the vehicle unless Jennifer agrees to go to the dealer, get a second set of $500 SmartKeys, and mail the keys to Timmy within three weeks. Having driven all that way, Jennifer agrees. Timmy gives Jennifer the $1,000, using money he borrowed from Joe and promised to repay. Jennifer accepts the money and leaves. Jennifer never sends Timmy the second set of keys. Timmy later decides the car is worth only $500. He decides not to pay Joe and instead gives the vehicle to Joe, explaining his plan. Joe accepts the car and drives away, secretly planning to sue Timmy for the rest of the money. When Timmy is sued by Joe, he makes a claim against Jennifer and claims she should have to compensate him for losses because they never had a valid contract since the car was not worth the $1,000 Jennifer claimed it was. Did Jennifer and Timmy have a valid contract?

Sagot :

michell96

The contract between Timmy and Jennifer is not valid for legal claims because there are no ways to prove the terms they agreed to for the sale/purchase of the car.

What is a valid contract?

When we enter into an agreement with another person to carry out any commercial activity, we generally must create a document in which all the terms and conditions of the contract are established in order to bind both parties to comply with the contract.

If another type of contract is made, for example by telephone, spoken or other modality that does not have ways of verifying what was agreed, it can be considered as invalid contracts.

Based on the above, the contract that Jennifer made with Timmy over the phone is invalid because there is no way to check what they agreed to.

Learn more about contracts in: https://brainly.com/question/2669219

#SPJ1

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.