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December 21, 2014

Homework Help: applied business law

Posted by patricia on Tuesday, May 1, 2012 at 10:28pm.

Jud Wheeler signed a contract to purchase 10 acres of land in Idaho from the Krauses.

If Jud offered the Krauses considerably less for their property than its possible market value and the Krauses accepted the offer, could they avoid the contract on later learning that they might have sold it for a higher price?

If Jud offered the Krauses one price and inadvertently typed a different, higher price into the contract, can Jud be held to the typewritten amount?

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