Asked by Cynthia Frias on Jul 07, 2024
Verified
Rosa offers Valerie the chance to buy her cottage for $25,000. Two days later, while Valerie is still considering the offer, Rosa's sister mentions to Valerie that Rosa has sold the cottage to Ben for $30,000. If Valerie now accepts, Rosa will be liable for breach of contract.
Breach of Contract
The inability to fulfill any condition or duty stipulated in a contract, agreement, or obligation due to the absence of a valid legal justification.
- Gain insight into the effects of failing to uphold a contract and the options for rectification.
Verified Answer
VJ
Vanessa JimenezJul 14, 2024
Final Answer :
False
Explanation :
Rosa's sale of the cottage to Ben effectively revokes the offer she made to Valerie, meaning there is no longer an offer for Valerie to accept, thus no contract with Valerie to breach.
Learning Objectives
- Gain insight into the effects of failing to uphold a contract and the options for rectification.