Business Law Case Study: Giant Garage Sale

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Sally decided to hold a garage sale. She posted signs in the neighborhood which read: “Giant Garage Sale — Electronic keyboard: $200 (one only), designer clothes, CD’s, Books and More! Sunday, Noon to 4:00 p.m.” On Sunday, Andy saw one of Sally’s signs, and arrived at her home promptly at noon. He examined the keyboard and then announced, “I’ll take the keyboard for $200, but first I need to get a truck to move it home. I’ll be back before 4:00 with the money and a truck.” Before Sally could respond, he left. Sally’s friend, Betty, stopped by at 1:00, and saw a designer gown. Betty told Sally, “I’d love to buy that gown, but I can’t afford it!” Sally replied, “I had hoped to get $400 for the gown, Betty, but you’ve helped me out before,…show more content…
“I want to buy these,” he told Sally, “but I don’t have any cash with me.” “That’s O.K.,” Sally replied. “I’ll sell you those books for $100. The offer’s open until 4:00.” “Thanks,” Chuck answered, “I’ll be back as soon as I can.” At 3:30, Betty called Sally and asked if anyone had purchased the gown yet. “Not yet,” Sally replied. “No one’s here so I’m going to close up early. It looks like it’s yours.” “Thanks,” Betty responded. “I am going to run to the store and buy shoes and a purse that match the gown.” At 3:45, Debbie arrived at the sale, pointed at the gown Sally had promised to Betty, and said, “I’ll buy that gown for $300, and I’ll buy that set of art books too.” Sally sold the gown and books to Debbie. Chuck returned before 4:00, saw Debbie carrying the books and said to Sally, “You can’t sell those books to her! We had a deal!” Although he attempted to give Sally $100, she refused the money. Betty arrived shortly thereafter, and showed Sally the shoes and purse that she had purchased to go with the gown. Sally told her the evening gown had been sold. 1. Does Andy have an enforceable contract with Sally? Discuss. 2. Does Betty have an enforceable contract with Sally? Discuss. 3. Does Chuck have an enforceable contract with Sally?

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