BLAW 3201 Chapter : Ch11
Document Summary
Suppose that the day after lucy signed the purchase agreement for the farm, he decided that he did not want it after all, and zehmer sued lu- cy to perform the contract. In fact, this would likely support the court s determina- tion that there was an enforceable contract between the parties. In this circumstance, un- less lucy attempted to void the contract on the ground of intoxication, the court might not have addressed the issue at all. Suppose that the attorneys for both sides had simply had a phone con- versation that included all of the terms they actually agreed on in their e-mail exchanges. The result in this case suggests that a businessperson should determine and negotiate the specific terms of a settlement before indicating to a court that a settlement has been reached. The of- fers contained specific terms and conditions indicating how acceptance could be made.
