Suzy Anders Enters into an Oral Contract to Purchase a Tract

question 28

Essay

Suzy Anders enters into an oral contract to purchase a tract of land from Bill Hermes. The land is considered worthless, but Anders feels that she has discovered a possible usage that would drastically increase the value of the land. To assure herself of the potential value of the land, Anders orally hires an attorney to investigate the title and records associated with the land in question. Before gaining any information from her attorney, Anders orally contracts with a builder to construct a huge building on the site. Because of the size of the project, a completion time is difficult to predict. Anders now discovers that the land is indeed useless, a fact that she obtains through information from her attorney.?Anders now refuses to honor her contracts with Hermes, her attorney, and the builder. Must Anders honor her contractual agreements?

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Definitions:

Norm

A norm is a standard or rule that guides behavior within a group, often reflecting the group's expectations for how its members should act under given circumstances.

Negative Reaction

An adverse response or dislike towards something or someone, often resulting from personal opinions or experiences.

Symbolically Appropriate

Pertains to actions or symbols that are deemed suitable or fitting within a given context or society.

Pickpocket

A person who steals wallets, phones, and other valuables from the clothing or bags of unsuspecting individuals.