On March 1, Eleanor Entered into a Contract to Buy

question 39

Essay

On March 1, Eleanor entered into a contract to buy a piece of land called Blackacre from Hershey.The purchase price was $200 000.Eleanor paid $20 000 immediately and promised to pay the remainder when the sale closed on June 1.On June 1, however, Hershey refused to complete the sale.He also refused to refund Eleanor's $20 000.He honestly explained that while he has Blackacre, he simply does not have any money so he needs the deposit money to live on.What remedy should Eleanor use? Explain your answer.

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Definitions:

Integrity

The characteristic of being truthful and possessing firm ethical standards; integrity.

Plasticity

The brain's ability to change and adapt as a result of experience or injury.

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, morals, beliefs, and habits through various methods.

Exercise

Physical activities that are planned, structured, and repetitive for the purpose of conditioning any part of the body.