JTTidwell Entered into an Oral Contract with Robert Anthony for the Purchase

question 17

Essay

J.T.Tidwell entered into an oral contract with Robert Anthony for the purchase of 100 head of cattle at a price of $500 each.When the oral contract was made,Tidwell gave Anthony a check for $1,000 as "earnest money or good faith money towards the purchase of the cattle." Anthony sold the cattle to someone else.Tidwell sued,asking the court to either compel Anthony to perform the contract or to pay damages that Tidwell suffered from the alleged breach of contract.What issues do you see and how would you resolve those issues?

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Definitions:

Collections Process

The series of actions taken by organizations to pursue and recover payments owed by customers or clients.

Certified Collection Agency

A debt collection agency that has received certification, indicating it adheres to ethical standards and legal regulations in debt collection.

Office Policy

Guidelines and rules established within an office or organization to dictate workflows and behavioral expectations.

Locate a Skip

"Locate a Skip" refers to the process of finding a person who has disappeared, often to avoid legal, financial, or personal responsibilities, commonly used in the bail bond industry.